2015 Wyoming Code
SECTION 26-26-107. - Articles of incorporation; amendment.

WY Stat § 26-26-107. (2015) What's This?

26-26-107. Articles of incorporation; amendment.

(a) An insurer may amend its articles of incorporation for any lawful purpose by affirmative vote of not less than two-thirds (2/3) of its members present or represented by proxy at any regular or special meeting of members called for that purpose. Notice of the proposed amendment shall be given all members in the same manner and at the same time as notice of the meeting is given.

(b) If the amendment is adopted the insurer shall prepare articles of amendment in quadruplicate under its corporate seal, setting forth the amendment and the date and manner of adoption. The articles of amendment shall be executed by the insurer's president or vice-president and secretary or assistant secretary, and be acknowledged by them before an officer authorized by law to take acknowledgments of deeds.

(c) The quadruplicate originals of the articles of amendment shall be delivered to the commissioner and are subject to examination, certification approval and filing in the same manner as provided for original articles of incorporation under W.S. 26-26-105.

(d) The fee for filing articles of amendment is ten dollars ($10.00), payable to the secretary of state for credit to the general fund.

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