§ 7-58-407 — Amendment of articles - filing

(1) A limited cooperative
association amending its articles shall deliver to the secretary of state, for filing
pursuant to part 3 of article 90 of this title, articles of amendment stating:

(a) The domestic name of the association; and

(b) The text of each amendment adopted.

(2) Before the beginning of the initial meeting of the board of directors, an
organizer who knows that information in the filed articles was inaccurate when the
articles were filed or has become inaccurate due to changed circumstances shall
promptly:

(a) Cause the articles to be amended; and

(b) If appropriate, deliver a statement of:

(I) Change to the secretary of state for filing pursuant to section 7-90-305.5;
or

(II) Correction to the secretary of state for filing pursuant to section 7-90-305.

(3) Upon filing, an amendment of the articles that has been properly adopted
by the members is effective as provided in section 7-90-304.

Legislative History

Source: L. 2011: Entire article added, (SB 11-191), ch. 197, p. 778, � 1, effective April 2, 2012.