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Current as of January 01, 2024 | Updated by FindLaw Staff
Persons proposing to form a benevolent society under this chapter shall subscribe and acknowledge articles of incorporation specifying:
1. The name of the society, which must include the words “benevolent society”.
2. The purpose for which the society is to be formed.
3. A full and clear definition of the plan under which the society proposes to do business.
4. The time and place of holding meetings of the members of the society.
5. The location of the society's principal office, which must be within this state.
6. The date for the commencement and for the termination of the fiscal year of the society.
7. The term for which the society is to be incorporated, which term may not exceed thirty years.
8. The number of directors, not less than five nor more than nine, all of whom must be residents of this state.
9. The names and addresses of the directors selected to serve until the first meeting of the members of the society.
Cite this article: FindLaw.com - North Dakota Century Code Title 26.1. Insurance § 26.1-16-05. Articles of incorporation--Contents - last updated January 01, 2024 | https://codes.findlaw.com/nd/title-26-1-insurance/nd-cent-code-sect-26-1-16-05/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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