31A-5-202 - Incorporators.
31A-5-202. Incorporators.
(1) One or more adult natural persons may organize and act as incorporators of acorporation under Section 31A-5-204.
(2) One to 15 adult natural persons may organize and act as incorporators of acorporation under the accelerated organization procedure of Section 31A-5-213.
(3) This section does not apply to stock and mutual insurance corporations already inexistence on July 1, 1986.
(1) One or more adult natural persons may organize and act as incorporators of acorporation under Section 31A-5-204.
(2) One to 15 adult natural persons may organize and act as incorporators of acorporation under the accelerated organization procedure of Section 31A-5-213.
(3) This section does not apply to stock and mutual insurance corporations already inexistence on July 1, 1986.
Amended by Chapter 71, 2002 General Session