[§415-26] Shareholders' preemptive rights. The articles of incorporation may deny, limit or restrict, or may be amended so as to deny, limit or restrict, the right of shareholders of the corporation, which may exist by virtue of the common law or by virtue of the existing articles of incorporation, to subscribe for additional shares of stock, whether then or thereafter authorized; provided that the amendment of the articles of incorporation shall be made in accordance with this chapter. No amendment authorized by this section shall be construed as a limitation or restriction on any other amendment or amendments that might otherwise be permitted by law. Nothing in this section shall affect the validity of any action taken prior to April 21, 1953, by any corporation. [L 1983, c 167, pt of §1; am L 1985, c 270, §4]