7-1-809. Articles of incorporation -- Amended or restated articles of incorporation -- Prerequisites to filing.
(1) The Division of Corporations and Commercial Code may not file articles of incorporation that state that the purpose of the corporation is to transact business as a depository institution or to hold a corporation that will transact business as a depository institution until the department certifies that it has reviewed and does not object to the articles of incorporation.
(2) A corporation whose articles of incorporation have been filed with the Division of Corporations and Commercial Code pursuant to Subsectionmay not transact business as a depository institution without authorization from the department in accordance with Section. (1) 7-1-705
(3) The Division of Corporations and Commercial Code may not file articles of amendment or articles of restatement of a depository institution or depository institution holding company until the department has certified that it has reviewed and does not object to the articles of amendment or articles of restatement.