§ 70-705 — Who may organize

Any twenty or more natural persons, residents of the territory to be served by the corporation, of the age of twenty-one years or more, residents of this state, may act as incorporators of a corporation to be organized under sections 70-701 to 70-738 by executing articles of incorporation as provided in said sections.

Legislative History

Source: Laws 1937, c. 50, § 5, p. 205; C.S.Supp.,1941, § 70-805; R.S.1943, § 70-705.