Which of the following is NOT considered a fundamental corporate change?

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Minor amendments to bylaws are not considered a fundamental corporate change because they typically involve internal management and organizational adjustments that do not significantly alter the structure or operations of the corporation. Bylaws govern the internal workings of the corporation, such as the processes for holding meetings, electing directors, and other governance matters. These changes can often be made quickly and do not require extensive procedures or shareholder approval.

In contrast, fundamental corporate changes, such as mergers, consolidations, or dissolutions, fundamentally affect the corporation's structure and ownership. These processes usually require a formal procedure that involves a vote by shareholders and often necessitate filing with state regulatory bodies. They result in significant changes that can affect the rights of existing shareholders and the very existence of the corporation. Thus, it is the nature of the change represented by an amendment to bylaws—as opposed to a merger, dissolution, or consolidation—that positions it outside the classification of a fundamental change.

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