Title 31A Chapter 5 Section 202

Insurance Code
Domestic Stock and Mutual Insurance Corporations
Section 202
Incorporators.

            

31A-5-202.   Incorporators.

            (1) One or more adult natural persons may organize and act as incorporators of a corporation under Section 31A-5-204.

            (2) One to 15 adult natural persons may organize and act as incorporators of a corporation under the accelerated organization procedure of Section 31A-5-213.

            (3) This section does not apply to stock and mutual insurance corporations already in existence on July 1, 1986.


Amended by Chapter 71, 2002 General Session