(1) A corporation's board of directors may amend or repeal the corporation's bylaws unless: The charter or chapters 11-27 of this title reserve this power exclusively to the shareholders in whole or in part; or
(2) The shareholders in amending or repealing a particular bylaw provide expressly that the board of directors may not amend or repeal that bylaw.
(3) A corporation's shareholders may amend or repeal the corporation's bylaws even though the bylaws may also be amended or repealed by its board of directors.