Utah Statutes

§ 31A-5-219 — Amendment of articles.

Utah·Title 31A Insurance Code·Ch. 31A-5 Domestic Stock and Mutual Insurance Corporations·Part 31A-5-2 Organization of Corporations
(1)Subject to Subsection (3) and to the requirements of the Insurance Code, a stock corporation may amend its articles under Sections 16-10a-1001 through 16-10a-1009 and a mutual may amend its articles under Sections 16-6a-1001 through 16-6a-1005 in any manner, including substantial changes of its original purposes. No amendment may be made contrary to Subsections 31A-5-203(1) through (3).
(2)An amendment becomes effective when the properly adopted and filed articles of amendment are approved by the commissioner.
(3)Section 16-10a-1009 applies to stock corporations and the second paragraph of Section 16-6a-1009 applies to mutuals.

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Legislative History

Amended by Chapter 300, 2000 General Session

Nearby Sections

15
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