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ID H0379

Bill

Status

Passed

3/1/2018

Primary Sponsor

State Affairs Committee

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Amends Section 30-30-102 to clarify that records delivered to the Secretary of State must be signed by the board presiding officer, president, another officer, an incorporator (if directors not yet selected), or a court-appointed fiduciary.

  • Removes the requirement in Section 30-30-202 that every incorporator named in the articles of incorporation must sign the articles.

  • Allows articles of incorporation to be signed by one incorporator rather than requiring signatures from all incorporators listed in the document.

  • Maintains all other requirements for articles of incorporation, including listing incorporator names and addresses.

Legislative Description

Amends existing law to provide that only one incorporator of a nonprofit corporation need sign the articles of incorporation when filing with the Secretary of State.

NONPROFIT CORPORATIONS

Last Action

Reported Signed by Governor on March 1, 2018 Session Law Chapter 28 Effective: 07/01/2018

3/1/2018

Committee Referrals

State Affairs2/6/2018
Judiciary, Rules and Administration1/23/2018

Full Bill Text

No bill text available