Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Section 47-22-1 - Definitions. - 47-22-1. Definitions. As used in chapters 47-22 to 47-28, inclusive,...
Section 47-22-2 - Applicability to domestic corporations. - 47-22-2. Applicability to domestic corporations. The provisions of chapters 47-22...
Section 47-22-2.1 - Applicability to corporations existing prior to 1965. - 47-22-2.1. Applicability to corporations existing prior to 1965. Any nonprofit...
Section 47-22-3 - Applicability to foreign corporations. - 47-22-3. Applicability to foreign corporations. The provisions of chapters 47-22...
Section 47-22-4 - Purposes and authority of corporations--Particular purposes--Exceptions. - 47-22-4. Purposes and authority of corporations--Particular purposes--Exceptions. Corporations may be...
Section 47-22-5 - Incorporators--Articles of incorporation. - 47-22-5. Incorporators--Articles of incorporation. One or more natural persons of...
Section 47-22-6 - Contents of articles of incorporation--Necessary recitals. - 47-22-6. Contents of articles of incorporation--Necessary recitals. The articles of...
Section 47-22-7 - Corporate name--Indication of purpose. - 47-22-7. Corporate name--Indication of purpose. The corporate name shall not...
Section 47-22-8.1 - Use of same or similar name prohibited--Non-English name to be transliterated. - 47-22-8.1. Use of same or similar name prohibited--Non-English name to...
Section 47-22-9 - Reservation of name--Parties entitled to reserve. - 47-22-9. Reservation of name--Parties entitled to reserve. The exclusive right...
Section 47-22-10 - Procedure for reservation of name--Maximum time of reservation. - 47-22-10. Procedure for reservation of name--Maximum time of reservation. The...
Section 47-22-12 - Articles of incorporation--Endorsement and filing by secretary of state--Issuance of certificate of incorporation. - 47-22-12. Articles of incorporation--Endorsement and filing by secretary of state--Issuance...
Section 47-22-13 - Commencement of corporate existence--Certificate as conclusive evidence of compliance--Exceptions. - 47-22-13. Commencement of corporate existence--Certificate as conclusive evidence of compliance--Exceptions....
Section 47-22-14 - Amending articles of incorporation. - 47-22-14. Amending articles of incorporation. A corporation may amend its...
Section 47-22-15 - Procedure for amendment. - 47-22-15. Procedure for amendment. Amendments to the articles of incorporation...
Section 47-22-16 - Resolution of amendment--Submission to members at meeting--Notice of meeting--Contents of notice--Written notice of adoption required--Majority vote required. - 47-22-16. Resolution of amendment--Submission to members at meeting--Notice of meeting--Contents...
Section 47-22-17 - Procedure in absence of members entitled to vote--Adoption of amendment by board of directors. - 47-22-17. Procedure in absence of members entitled to vote--Adoption of...
Section 47-22-18 - Submission of more than one amendment. - 47-22-18. Submission of more than one amendment. Any number of...
Section 47-22-19 - Articles of amendment--Contents of articles. - 47-22-19. Articles of amendment--Contents of articles. An original and an...
Section 47-22-20 - Delivery to secretary of state--Fees--Endorsement and filing--Issuance of certificate of amendment. - 47-22-20. Delivery to secretary of state--Fees--Endorsement and filing--Issuance of certificate...
Section 47-22-21 - Effective date of amendment. - 47-22-21. Effective date of amendment. Upon the issuance of the...
Section 47-22-22 - Preexisting actions unaffected--Change of name as not abating action. - 47-22-22. Preexisting actions unaffected--Change of name as not abating action....
Section 47-22-23 - Restatement of articles of incorporation--Procedure. - 47-22-23. Restatement of articles of incorporation--Procedure. A domestic corporation may...
Section 47-22-24 - Resolution of restatement--Submission to members. - 47-22-24. Resolution of restatement--Submission to members. If there are members...
Section 47-22-25 - Notice of proposed restatement--Contents of notice. - 47-22-25. Notice of proposed restatement--Contents of notice. Written notice setting...
Section 47-22-26 - Vote of membership--Majority vote required. - 47-22-26. Vote of membership--Majority vote required. At the meeting required...
Section 47-22-27 - Procedure in absence of members entitled to vote--Adoption of restatement by board of directors. - 47-22-27. Procedure in absence of members entitled to vote--Adoption of...
Section 47-22-28 - Approval of restated articles--Contents of articles--Delivery to secretary of state. - 47-22-28. Approval of restated articles--Contents of articles--Delivery to secretary of...
Section 47-22-28.1 - Restated articles may incorporate proposed amendments--Conditions. - 47-22-28.1. Restated articles may incorporate proposed amendments--Conditions. When filing restated...
Section 47-22-29 - Approval by secretary of state--Fees--Endorsement and filing--Issuance of restated certificate of incorporation. - 47-22-29. Approval by secretary of state--Fees--Endorsement and filing--Issuance of restated...
Section 47-22-30 - Effective date of restated articles. - 47-22-30. Effective date of restated articles. Upon the issuance of...
Section 47-22-31 - Meeting of first board of directors--Organization meeting--Notice of meeting. - 47-22-31. Meeting of first board of directors--Organization meeting--Notice of meeting....
Section 47-22-32 - First meeting of members--Notice of meeting. - 47-22-32. First meeting of members--Notice of meeting. A first meeting...
Section 47-22-33 - Adoption of initial bylaws--Amendment of bylaws--Permissible contents of bylaws. - 47-22-33. Adoption of initial bylaws--Amendment of bylaws--Permissible contents of bylaws....
Section 47-22-33.1 - Method of providing notice to members or directors. - 47-22-33.1. Method of providing notice to members or directors. If...
Section 47-22-34 - Changing number of board of directors--Bylaws controlling absent provision in articles. - 47-22-34. Changing number of board of directors--Bylaws controlling absent provision...
Section 47-22-35 - Emergency bylaws--Conditions creating emergency. - 47-22-35. Emergency bylaws--Conditions creating emergency. The board of directors of...
Section 47-22-36 - Provisions of emergency bylaws--Meetings of directors--Attendance--Priorities. - 47-22-36. Provisions of emergency bylaws--Meetings of directors--Attendance--Priorities. The emergency bylaws...
Section 47-22-37 - Modification of lines of succession during emergency. - 47-22-37. Modification of lines of succession during emergency. The board...
Section 47-22-38 - Changing head office during emergency. - 47-22-38. Changing head office during emergency. The board of directors,...
Section 47-22-39 - Duration of emergency bylaws. - 47-22-39. Duration of emergency bylaws. To the extent not inconsistent...
Section 47-22-40 - Notice of meetings during emergency--Quorum. - 47-22-40. Notice of meetings during emergency--Quorum. Unless otherwise provided in...
Section 47-22-41 - Liability for actions during emergency--Willful misconduct. - 47-22-41. Liability for actions during emergency--Willful misconduct. No officer, director,...
Section 47-22-52 - Powers of corporation--Perpetual succession. - 47-22-52. Powers of corporation--Perpetual succession. Each corporation shall have power...
Section 47-22-53 - Powers of corporation--Capacity to sue and be sued. - 47-22-53. Powers of corporation--Capacity to sue and be sued. Each...
Section 47-22-54 - Powers of corporation--Corporate seal. - 47-22-54. Powers of corporation--Corporate seal. Each corporation shall have power...
Section 47-22-55 - Powers of corporation--Dealing in real or personal property. - 47-22-55. Powers of corporation--Dealing in real or personal property. Each...
Section 47-22-56 - Powers of corporation--Disposal of corporate assets. - 47-22-56. Powers of corporation--Disposal of corporate assets. Each corporation shall...
Section 47-22-57 - Powers of corporation--Lending money. - 47-22-57. Powers of corporation--Lending money. Each corporation shall have power...
Section 47-22-58 - Powers of corporation--Securities holdings--Government obligations. - 47-22-58. Powers of corporation--Securities holdings--Government obligations. Each corporation shall have...
Section 47-22-59 - Powers of corporation--Contracting--Borrowing--Issuance of securities. - 47-22-59. Powers of corporation--Contracting--Borrowing--Issuance of securities. Each corporation shall have...
Section 47-22-60 - Powers of corporation--Lending--Investing--Property holding. - 47-22-60. Powers of corporation--Lending--Investing--Property holding. Each corporation shall have power...
Section 47-22-61 - Powers of corporation--Extraterritorial operations. - 47-22-61. Powers of corporation--Extraterritorial operations. Each corporation shall have power...
Section 47-22-62 - Powers of corporation--Officers and agents. - 47-22-62. Powers of corporation--Officers and agents. Each corporation shall have...
Section 47-22-63 - Powers of corporation--Adoption of bylaws. - 47-22-63. Powers of corporation--Adoption of bylaws. Each corporation shall have...
Section 47-22-64 - Powers of corporation--Donations--Wartime donations. - 47-22-64. Powers of corporation--Donations--Wartime donations. Each corporation shall have power...
Section 47-22-65.1 - Powers of corporation--Indemnification--Defense of actions. - 47-22-65.1. Powers of corporation--Indemnification--Defense of actions. Each nonprofit corporation may:...
Section 47-22-65.2 - Indemnification against expenses and attorneys' fees. - 47-22-65.2. Indemnification against expenses and attorneys' fees. To the extent...
Section 47-22-65.3 - Authorization of indemnification--Requirements--Manner of determination. - 47-22-65.3. Authorization of indemnification--Requirements--Manner of determination. Any indemnification under subdivisions...
Section 47-22-65.4 - Authorization of payment of expenses prior to final disposition of action--Receipt of undertaking--Terms and conditions. - 47-22-65.4. Authorization of payment of expenses prior to final disposition...
Section 47-22-65.5 - Indemnification not exclusive of other rights--Continuation of benefits to former employees--Benefits to deceased employees. - 47-22-65.5. Indemnification not exclusive of other rights--Continuation of benefits to...
Section 47-22-65.6 - Powers of corporation--Purchase and maintenance of liability insurance. - 47-22-65.6. Powers of corporation--Purchase and maintenance of liability insurance. Any...
Section 47-22-65.7 - Corporation defined. - 47-22-65.7. Corporation defined. For purposes of §§47-22-65.1 to 47-22-65.8, inclusive,...
Section 47-22-65.8 - Definition of other terms. - 47-22-65.8. Definition of other terms. For purposes of §§47-22-65.1 to...
Section 47-22-66 - Powers of corporation--Pension plans. - 47-22-66. Powers of corporation--Pension plans. Each corporation shall have power...
Section 47-22-67 - Powers of corporation--Cessation of activities. - 47-22-67. Powers of corporation--Cessation of activities. Each corporation shall have...
Section 47-22-68 - Powers of corporation--Other powers. - 47-22-68. Powers of corporation--Other powers. Each corporation shall have power...
Section 47-22-68.1 - Restrictions on private foundations--Definition of terms. - 47-22-68.1. Restrictions on private foundations--Definition of terms. Terms as used...
Section 47-22-68.2 - Restrictive provisions as to income and property deemed incorporated in foundation charter. - 47-22-68.2. Restrictive provisions as to income and property deemed incorporated...
Section 47-22-68.3 - Self-dealing by foundation prohibited. - 47-22-68.3. Self-dealing by foundation prohibited. The corporation described in §47-22-68.2...
Section 47-22-68.4 - Distributions required of foundation. - 47-22-68.4. Distributions required of foundation. The corporation described in §47-22-68.2...
Section 47-22-68.5 - Excess business holdings prohibited to foundation. - 47-22-68.5. Excess business holdings prohibited to foundation. The corporation described...
Section 47-22-68.6 - Investments which jeopardize charitable purpose prohibited to foundation. - 47-22-68.6. Investments which jeopardize charitable purpose prohibited to foundation. The...
Section 47-22-68.7 - Taxable expenditures prohibited to foundation. - 47-22-68.7. Taxable expenditures prohibited to foundation. The corporation described in...
Section 47-22-68.8 - Judicial determination that required restrictions would be contrary to charter. - 47-22-68.8. Judicial determination that required restrictions would be contrary to...
Section 47-22-68.9 - State powers over corporation unimpaired. - 47-22-68.9. State powers over corporation unimpaired. Nothing in §§47-22-68.1 to...
Section 47-22-69 - Ultra vires unavailable to invalidate transfers of property. - 47-22-69. Ultra vires unavailable to invalidate transfers of property. No...
Section 47-22-70 - Circumstances under which ultra vires may be asserted--Actions by members or directors--Injunctions. - 47-22-70. Circumstances under which ultra vires may be asserted--Actions by...
Section 47-22-71 - Circumstances under which ultra vires may be asserted--Actions by corporation against officers or directors. - 47-22-71. Circumstances under which ultra vires may be asserted--Actions by...
Section 47-22-72 - Circumstances under which ultra vires may be asserted--Actions by attorney general to dissolve or enjoin corporation. - 47-22-72. Circumstances under which ultra vires may be asserted--Actions by...
Section 47-22-73 - Unauthorized acting as corporation--Liability. - 47-22-73. Unauthorized acting as corporation--Liability. All persons who assume to...
Section 47-22-74 - Legislative power to prescribe additional regulations. - 47-22-74. Legislative power to prescribe additional regulations. The Legislature shall...
Section 47-22-74.1 - Privacy protection policy for social security numbers of volunteers. - 47-22-74.1. Privacy protection policy for social security numbers of volunteers....
Section 47-22-75 - Prior incorporations validated--Previously pending actions. - 47-22-75. Prior incorporations validated--Previously pending actions. All articles of incorporation,...
Section 47-22-76 - Rights vested under prior statutes unaffected. - 47-22-76. Rights vested under prior statutes unaffected. No rights, privileges,...
Section 47-22-77 - Severability and saving clause. - 47-22-77. Severability and saving clause. If a court of competent...
Section 47-22-78 - Citation of nonprofit corporation law. - 47-22-78. Citation of nonprofit corporation law. Chapters 47-22 to 47-28,...