B. The number of directors required by the corporation's articles of incorporation or bylaws to take action under section 825.

3. Requirements apply to committees. Sections 821 to 825 apply both to committees of the board and their to the members of such committees.

4. Authority. To the extent specified by the corporation's board of directors or in the corporation's articles of incorporation or bylaws, except as provided in subsection 5, each committee may exercise the authority of the corporation's board of directors under section 801.

5. Limits on authority. A committee may not:

A. Authorize or approve distributions except according to a formula or method or within limits that the corporation's board of directors prescribes;

B. Approve or propose to shareholders action that this Act requires be approved by shareholders;

C. Fill vacancies on the corporation's board of directors or, subject to subsection 7, on any of its committees; or

D. Amend a corporation's articles of incorporation pursuant to section 1005;

E. Adopt, amend or repeal a the corporation's bylaws;.

F. Approve a plan of merger not requiring shareholder approval;

G. Authorize or approve reacquisition of shares, except according to a formula or method prescribed by the corporation's board of directors; or

H. Authorize or approve the issuance or sale or contract for sale of shares or determine the designation and relative rights, preferences and limitations of a class or series of shares, except that the board of directors may authorize a committee or a senior executive officer of the corporation to do so within limits specifically prescribed by the corporation's board of directors.