Declaration of intent to incorporate, filing--Proposed articles of incorporation, execution

The individuals proposing to form a farm mutual insurer as referred to in § 58-35-5 or 58-35-6 shall file with the director: (1) A declaration of their intention to form such a corporation signed by at least one hundred incorporators if a proposed state mutual insurer, or by at least twenty - five incorporators if a proposed county mutual insurer; and (2) The original and two copies with original signatures of the proposed articles of incorporation signed by three or more of the incorporators and notarized. Source: SL 1966, ch 111 , ch 17, § 8 (1); SL 1993, ch 369 , § 1.