31A-5-219 - Amendment of articles. - Utah Statutes

31A-5-219. Amendment of articles.
(1) Subject to Subsection (3) and to the requirements of the Insurance Code, a stockcorporation may amend its articles under Sections 16-10a-1001 through 16-10a-1009 and amutual 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 toSubsections 31A-5-203(1) through (3).
(2) An amendment becomes effective when the properly adopted and filed articles ofamendment are approved by the commissioner.
(3) Section 16-10a-1009 applies to stock corporations and the second paragraph ofSection 16-6a-1009 applies to mutuals.

Amended by Chapter 300, 2000 General Session