31A-5-202 - Incorporators.
31A-5-202. Incorporators.
(1) One or more adult natural persons may organize and act as incorporators of acorporation under Section 31A-5-204.
(2) One to 15 adult natural persons may organize and act as incorporators of acorporation under the accelerated organization procedure of Section 31A-5-213.
(3) This section does not apply to stock and mutual insurance corporations already inexistence on July 1, 1986.
Amended by Chapter 71, 2002 General Session