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17B:18-58 - Mutual insurers;  adoption of amended charter or certificate of  incorporation

17B:18-58.  Mutual insurers;  adoption of amended charter or certificate of  incorporation
    When any mutual insurer adopts an amendment to its charter or certificate of  incorporation, as provided for in this chapter, the board of directors of the  insurer, at the time of adopting the amendment, may adopt and ratify in its  entirety an amended charter or certificate of incorporation to the end that it  shall fully and completely set forth all the terms and conditions of the  charter or certificate of incorporation under which the insurer shall thereafter transact business.  The amended charter or certificate of incorporation shall be executed, acknowledged, approved and filed in accordance  with section 17B:18-5.

     L.1971, c. 144, s. 17B:18-58.
 

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