§ 23-73-106 - Articles of association.

23-73-106. Articles of association.

(a) Articles of association of any farmers' mutual aid company or association shall specify:

(1) The name of the association or company;

(2) The purposes for which formed;

(3) The location of its principal or home office, which office shall be in this state;

(4) The names and addresses of the members of its first board of directors who shall manage the association until the first meeting of the members;

(5) The names, addresses, and places of residence of the organizers; and

(6) Provisions relating to amendment of the articles, as provided in 23-73-111.

(b) The articles shall be executed in duplicate and filed with the Insurance Commissioner.