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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Subject to Subsection (3) and to the requirements of the Insurance Code, a stock corporation may amend its articles under Sections 16-10a-1001 through 16-10a-1009 and a mutual may amend its articles under Sections 16-6a-1001 through 16-6a-1005 in any manner, including substantial changes of its original purposes. No amendment may be made contrary to Subsections 31A-5-203(1) through (3).
(2) An amendment becomes effective when the properly adopted and filed articles of amendment are approved by the commissioner.
(3)Section 16-10a-1009 applies to stock corporations and the second paragraph of Section 16-6a-1009 applies to mutuals.
Cite this article: FindLaw.com - Utah Code Title 31A. Insurance Code § 31A-5-219. Amendment of articles - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-31a-insurance-code/ut-code-sect-31a-5-219/
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