ARS § 20-707
This section lets stock insurers amend their articles under state corporate law, but they cannot cut authorized capital below the minimum required for the insurance they will write. Mutual insurers may amend their articles only with a two-thirds member vote and 30 days’ written notice. Amendment certificates must be si
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- United States — Arizona
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- Language
- en
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Statute overview
About this statute
This section lets stock insurers amend their articles under state corporate law, but they cannot cut authorized capital below the minimum required for the insurance they will write. Mutual insurers may amend their articles only with a two-thirds member vote and 30 days’ written notice. Amendment certificates must be signed, filed, recorded, and published.
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ARS § 20-707
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