Idaho § 41-2826 AMENDMENT OF ARTICLES OF INCORPORATION — STOCK INSURERS

Idaho Statutes

§ 41-2826 — AMENDMENT OF ARTICLES OF INCORPORATION — STOCK INSURERS

Idaho·Title 41 INSURANCE·Ch. 28 ORGANIZATION AND CORPORATE PROCEDURES OF STOCK AND MUTUAL INSURERS

(1)A domestic stock insurer may amend its articles of incorporation or bylaws for any lawful purpose through procedures prescribed by the statutes of this state as to business corporations in general, and by complying with the requirements of subsection (2) below.

(2)No such amendment to an insurer’s articles of incorporation shall be effectuated until a fully executed copy of the certificate of amendments has been filed with the director, and has been approved by him. The director shall approve the amendment unless found by him not to be in compliance with law. At time of filing, the fee therefor shall be paid in the amount prescribed in section 41-401 (fee schedule).

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(1) A domestic stock insurer may amend its articles of incorporation or bylaws for any lawful purpose through procedures prescribed by the statutes of this state as to business corporations in general, and by complying with the requirements of subsection (2) below.
(2) No such amendment to an insurer’s articles of incorporation shall be effectuated until a fully executed copy of the certificate of amendments has been filed with the director, and has been approved by him. The director shall approve the amendment unless found by him not to be in compliance with law. At time of filing, the fee therefor shall be paid in the amount prescribed in section 41-401 (fee schedule).

Idaho § 41-2826 (AMENDMENT OF ARTICLES OF INCORPORATION — STOCK INSURERS) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.