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Code · Utah · Title 31A — Insurance Code · Chapter 5

31A-5-219. Amendment of articles.

107 words·~1 min read·/ut/title-31a/chapter-5/31a-5-219·

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31A-5-219. Amendment of articles.
(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.
Amended by Chapter 300 , 2000 General Session
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