40-503. Seal; bylaws.

40-503

Chapter 40.--INSURANCE Article 5.--MUTUAL LIFE INSURANCE COMPANIES

      40-503.   Seal; bylaws.The board of directors of any mutual life insurance company shall havepower to adopt a seal and make such bylaws and amendments thereto, notinconsistent with the constitution and laws of this state, as may be deemednecessary for the regulation and management of its affairs.

      History:   L. 1927, ch. 231, 40-503; June 1.