31A-5-203. Articles and bylaws.
(1) The articles of incorporation requirements in Sectionapply to the articles of a stock corporation, except that: 16-10a-202 the name of the corporation shall comply with Sectionsandand the name of any new or renamed corporation shall include the word "insurance" or a term of equivalent meaning; 16-10a-401 31A-1-109 authorized shares shall conform to Subsectionand the capital provided for shall conform to Section; and 31A-5-305(1) 31A-5-211 beginning on July 1, 1988, the purposes of the corporation are limited to those permitted by Section. 31A-4-107
(2) The articles of incorporation requirements in Section, except Subsectionsand, apply to the articles of a mutual except that: 16-6a-202 16-6a-202(1)(f) (g) The name of the corporation shall comply with Sectionsandand the name of any new or renamed corporation shall include the words "mutual" and "insurance" or terms of equivalent meaning. 16-6a-401 31A-1-109 If any mutual bonds are authorized, they shall comply with Subsection. 31A-5-305(2)(a) The purposes of the corporation may not include doing a title insurance business, and shall be limited to those purposes permitted by Section. 31A-4-107 If assessable policies are permitted, the articles shall contain provisions giving assessment liabilities and procedures, including a provision specifying the classes of business on which assessment may be separately levied. The articles may specify those classes of persons who may be policyholders, or prescribe the procedure for establishing or removing restrictions on the classes of persons who may be policyholders. The articles shall also state that each policyholder is a member of the corporation.
(3) Sectionsandapply to stock corporations and Sectionapplies to mutuals. The articles or bylaws shall designate three or more principal offices the principal officers of the corporation shall hold. The principal offices shall be held by at least three separate natural persons. 16-10a-830 16-10a-831 16-6a-818
(4) The bylaws of a domestic corporation shall comply with this chapter. A copy of the bylaws, and any amendments to them, shall be filed with the commissioner within 60 days after their adoption. Subject to this Subsection, Subsectionsand, Subsection, and Sectionapply to stock corporations and Sectionapplies to mutuals. (4) 31A-5-204(2)(c) (5) 31A-5-213(4) 16-10a-206 16-6a-206