17-1607.Articles of incorporation.
(a) Each association formed under this act must prepare and file the articles
of incorporation, setting forth:
(1) The name of the association.
(2) The purposes for which it is formed.
(3) The term for which it is to exist, if the term is not to be perpetual.
(4) The number of directors, which shall be five or more, and the term of
office of such directors.
(5) If organized without capital stock, the application shall set forth the
general rule or rules applicable to all members by which the property rights
and interests, respectively, of each member may and shall be determined and
fixed. The association shall have the power to admit new members who shall be
entitled to share in the property of the association with the old members, in
accordance with such general rule or rules. This provision of the application
for charter shall not be altered, amended, or repealed except by the written
consent or the vote of 3/4 of the members.
(6) If organized with capital stock, the amount of such stock and the number
of shares into which it is divided and the par value thereof.
(7) The address and county of its registered office in the state and the
name, address, other than a post office box, and county of its resident agent
in the state.
(b) The capital stock may be divided into preferred and common stock. If
so divided, the application for charter must contain a statement of the
number of shares of stock to which preference is granted and the number
of shares of stock to which no preference is granted and the nature and
extent of the preference and privileges granted to each. The application
for charter must be subscribed by the incorporators and shall be filed in
accordance
with
the provisions of the general corporation law of this state.
History: L. 1921, ch. 148, § 7;
R.S. 1923, 17-1607;
L. 1992, ch. 227, § 7;
L. 2000, ch. 39, § 4; July 1.
17-1607.Articles of incorporation.
(a) Each association formed under this act must prepare and file the articles
of incorporation, setting forth:
(1) The name of the association.
(2) The purposes for which it is formed.
(3) The term for which it is to exist, if the term is not to be perpetual.
(4) The number of directors, which shall be five or more, and the term of
office of such directors.
(5) If organized without capital stock, the application shall set forth the
general rule or rules applicable to all members by which the property rights
and interests, respectively, of each member may and shall be determined and
fixed. The association shall have the power to admit new members who shall be
entitled to share in the property of the association with the old members, in
accordance with such general rule or rules. This provision of the application
for charter shall not be altered, amended, or repealed except by the written
consent or the vote of 3/4 of the members.
(6) If organized with capital stock, the amount of such stock and the number
of shares into which it is divided and the par value thereof.
(7) The address and county of its registered office in the state and the
name, address, other than a post office box, and county of its resident agent
in the state.
(b) The capital stock may be divided into preferred and common stock. If
so divided, the application for charter must contain a statement of the
number of shares of stock to which preference is granted and the number
of shares of stock to which no preference is granted and the nature and
extent of the preference and privileges granted to each. The application
for charter must be subscribed by the incorporators and shall be filed in
accordance
with
the provisions of the general corporation law of this state.
History: L. 1921, ch. 148, § 7;
R.S. 1923, 17-1607;
L. 1992, ch. 227, § 7;
L. 2000, ch. 39, § 4; July 1.
17-1607.Articles of incorporation.
(a) Each association formed under this act must prepare and file the articles
of incorporation, setting forth:
(1) The name of the association.
(2) The purposes for which it is formed.
(3) The term for which it is to exist, if the term is not to be perpetual.
(4) The number of directors, which shall be five or more, and the term of
office of such directors.
(5) If organized without capital stock, the application shall set forth the
general rule or rules applicable to all members by which the property rights
and interests, respectively, of each member may and shall be determined and
fixed. The association shall have the power to admit new members who shall be
entitled to share in the property of the association with the old members, in
accordance with such general rule or rules. This provision of the application
for charter shall not be altered, amended, or repealed except by the written
consent or the vote of 3/4 of the members.
(6) If organized with capital stock, the amount of such stock and the number
of shares into which it is divided and the par value thereof.
(7) The address and county of its registered office in the state and the
name, address, other than a post office box, and county of its resident agent
in the state.
(b) The capital stock may be divided into preferred and common stock. If
so divided, the application for charter must contain a statement of the
number of shares of stock to which preference is granted and the number
of shares of stock to which no preference is granted and the nature and
extent of the preference and privileges granted to each. The application
for charter must be subscribed by the incorporators and shall be filed in
accordance
with
the provisions of the general corporation law of this state.
History: L. 1921, ch. 148, § 7;
R.S. 1923, 17-1607;
L. 1992, ch. 227, § 7;
L. 2000, ch. 39, § 4; July 1.