Incorporators

Organization as limited liability company; rules and regulations; applicable law. Prohibition of promoters’ fees. Articles of incorporation; advertisement of articles or notice of application; naming registered agent. Additional filings with department; fees. Investigation; approval or disapproval by department; abbreviated procedures. Issuance of certificate of incorporation. Effect of certificate of incorporation; permit to begin business. Organizational meetings. Liability for premature business. 7-1-441. Liability of subscribers and shareholders. Preemptive rights. Meetings of shareholders. Closing of transfer books or fixing record date. Voting list. Quorum of shareholders. Voting of shares. Proxies. Shareholders’ agreements. Books and records. Derivative actions by shareholders; when proper. Derivative actions by shareholders. PART 11 DIVIDENDS, DISTRIBUTIONS, AND PREFERRED SHARE ACQUISITION 7-1-460. 7-1-461. 7-1-462. 7 Restrictions on payment of dividends; limitation of actions for dividends or distributions. Distribution upon reduction of capital stock or paid-in capital. Dividends and distributions T.7, C.1 Sec. Sec. 7-1-463. must be authorized by chapter. Preferred share acquisition. 7-1-514. PART 12 7-1-480. 7-1-481. 7-1-482. 7-1-483. 7-1-484. 7-1-485. 7-1-486. 7-1-487. 7-1-488. 7-1-489. 7-1-490. 7-1-491. 7-1-492. 7-1-493. 7-1-494. MANAGEMENT 7-1-515. Board of directors.