31A-5-202. Incorporators.
(1) One or more adult natural persons may organize and act as incorporators of a corporation under Section. 31A-5-204
(2) One to 15 adult natural persons may organize and act as incorporators of a corporation under the accelerated organization procedure of Section. 31A-5-213
(3) This section does not apply to stock and mutual insurance corporations already in existence on July 1, 1986.