40-12a04. Articles of incorporation.
40-12a04
40-12a04. Articles of incorporation.The persons proposing to form any such company shallsubscribe, acknowledge and file with the commissioner articles ofincorporation specifying:
(a) The name, which shall contain the word "mutual," the names ofpersons initially associated, the method by which other persons may beadmitted to the company as members, the purposes for which the company isorganized and the location of suchcompany's principal or home office, which shall be within this state. Thearticles of incorporation shall provide for bylaws and for the amendment ofthe articles of incorporation and the bylaws.
(b) The names and addresses of those persons composing the board.
(c) The names and addresses of the incorporators.
History: L. 1988, ch. 147, § 4;L. 1997, ch. 52, § 2; July 1.