(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 ยง 23-73-111.
(b) The articles shall be executed in duplicate and filed with the Insurance Commissioner.
Section: Previous 23-73-102 23-73-103 23-73-104 23-73-105 23-73-106 23-73-107 23-73-110 23-73-111 23-73-112 23-73-113 23-73-114 23-73-115 23-73-116 23-73-117 NextLast modified: November 15, 2016