Attached files
file | filename |
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8-K - FORM 8-K - ASB Bancorp Inc | v389566_8k.htm |
EX-99.1 - EXHIBIT 99.1 - ASB Bancorp Inc | v389566_ex99-1.htm |
Exhibit 3.1
ASB BANCORP, INC.
AMENDMENT TO THE
BYLAWS
The following Amendment to the Bylaws of ASB Bancorp, Inc., a corporation duly organized and existing in the state of North Carolina (the “Corporation”), was approved by the Board of Directors of the Corporation at a meeting duly called and held on September 15, 2014.
Article 2, Section 17: Age Limitation. No person seventy-five (75) years of age or older shall be eligible for election, reelection, appointment or reappointment to the Board of Directors. No person shall serve as a director beyond the annual meeting of shareholders immediately following such person becoming seventy-five (75) years of age. The provisions of this Section 17 do not apply to an advisory or honorary director.
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