§ 27-1-11-2 — Articles; approval by directors

The board of directors of such company
desiring to reorganize under this article shall, by resolution adopted by
a majority vote of the members of such board, approve the articles of
reorganization setting forth:
(1) the name of the corporation;
(2) the location of its principal office;
(3) the date of its incorporation or organization;
(4) a designation of the statute under which it was organized;
(5) a declaration that it accepts all of the terms and provisions of
this article; and
(6) a restatement of such provisions of its articles of incorporation
or association as may be deemed desirable so long as the
provisions restated would have been authorized by this article as
provisions of original articles of incorporation for a corporation
organized under this article.
Formerly: Acts 1935, c.162, s.140. As amended by
P.L.252-1985, SEC.54.