16-7-14 - Restatement of articles of incorporation.
16-7-14. Restatement of articles of incorporation.
(1) A corporation sole organized under this chapter may restate its articles ofincorporation in the same manner allowed nonprofit corporations under Section 16-6a-1006.
(2) (a) The restated articles shall be adopted on behalf of the corporation by theappropriate incorporator or the successor to an incorporator as described in Section 16-7-2.
(b) If there is no such incorporator or successor, the articles shall be signed by the officeror official authorized to administer the affairs and property of the corporation according to thepractices and procedures of the church, denomination, or religious society.
(c) The restated articles described in this section shall specify the name, title, and streetaddress of the person executing the restated articles.
(3) This chapter does not require the restated articles described in this section to specify avalue of the property of the corporation sole.
(4) A corporation sole restating its articles of incorporation after May 3, 2004, shallcomply with Subsection 16-7-15(1).
Amended by Chapter 16, 2004 General Session