Section 62-2-2 - Contents of articles of incorporation.
62-2-2. [Contents of articles of incorporation.]
Such articles shall set forth:
A. the full names of the incorporators, and the corporate name of such company;
B. the purpose or purposes for which such company is formed, and if the object be to construct reservoirs and canals, or ditches and pipelines for any of the purposes herein specified, the beginning point and terminus of the main line of such canals and ditches and pipelines, and the general course, direction and length thereof shall be stated;
C. the amount of the capital stock and the number of shares as definitely as practicable;
D. the term of existence of the company, which shall not exceed fifty years;
E. the number of directors, and the names of those who shall manage the business of the company for the first year;
F. the name of the city or town and county in which the principal place of business of the company is to be located.