| (1) |
A corporation sole formed under this chapter may alter or amend its articles of incorporation. |
Terms Used In Utah Code 16-7-5
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Person: means :Utah Code 68-3-12.5
| (2) |
An amendment described in Subsection (1) shall:
| (a) |
be made by the corporation sole; |
| (b) |
be executed by:
| (i) |
the person who executed the original articles of incorporation; or |
| (ii) |
the successor in office to the person described in Subsection (2)(b)(i); |
|
| (c) |
specify the name, title, and street address of the person described in Subsection (2)(b); and |
| (d) |
be filed in the same manner as is provided for the filing of the original articles. |
|
| (3) |
A corporation sole altering or amending its articles of incorporation after May 3, 2004, shall comply with Subsection 16-7-15(1). |
Amended by Chapter 16, 2004 General Session
