Okla. Stat. tit. 36, § 36-2108
This is the official text of Okla. Stat. tit. 36, § 36-2108, part of Oklahoma’s Stat. tit. 36, — part of the compiled statutory law of Oklahoma, published by the state as "Stat. tit. 36,." Browse the sections below, each linked to its official government source.
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Amendment of articles
Official statutory text
A. The articles of incorporation of a stock insurer increasing
or reducing authorized capital or for other purposes may be amended
in accordance with the general laws of Oklahoma applying to
corporations formed for profit. No amendment shall reduce
authorized capital below the amount required by this Code for the
kinds of insurance thereafter to be transacted.
B. The articles of incorporation of a mutual insurer may be
amended by the affirmative vote of two-thirds (2/3) of its members
present in person or by proxy at a regular or special meeting of
members of which notice in writing setting forth the proposed
amendment was mailed to all members at least thirty (30) days in
advance. A certificate of the amendments, signed and acknowledged
by the president and attested by the secretary of the corporation
shall be filed with the Commissioner and the Secretary of State.
or reducing authorized capital or for other purposes may be amended
in accordance with the general laws of Oklahoma applying to
corporations formed for profit. No amendment shall reduce
authorized capital below the amount required by this Code for the
kinds of insurance thereafter to be transacted.
B. The articles of incorporation of a mutual insurer may be
amended by the affirmative vote of two-thirds (2/3) of its members
present in person or by proxy at a regular or special meeting of
members of which notice in writing setting forth the proposed
amendment was mailed to all members at least thirty (30) days in
advance. A certificate of the amendments, signed and acknowledged
by the president and attested by the secretary of the corporation
shall be filed with the Commissioner and the Secretary of State.
Status: in_force · Read it on the official government site
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