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Nonprofit Corporations

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§10-3141 Notice

Title 10 – Corporations and Associations Chapter 24 – General Provisions-nonprofit Corporations Article 4 – Definitions, Notice, Private Foundations, Judicial Relief and Religious organizations A. Notice under chapters 24 through 40 of this title must be in writing unless oral notice is reasonable under the circumstances. Oral notice is not permitted if written notice is […]

§10-3150 Private foundations; definition

Title 10 – Corporations and Associations Chapter 24 – General Provisions-nonprofit Corporations Article 4 – Definitions, Notice, Private Foundations, Judicial Relief and Religious organizations A. Except if otherwise determined by a court of competent jurisdiction or to the extent no longer required by the internal revenue code of 1986, a corporation that is a private […]

§10-3160 Judicial relief

Title 10 – Corporations and Associations Chapter 24 – General Provisions-nonprofit Corporations Article 4 – Definitions, Notice, Private Foundations, Judicial Relief and Religious organizations A. If for any reason it is impractical or impossible for any corporation to call or conduct a meeting of its members, delegates or directors, or otherwise obtain their consent, in […]

§10-3180 Religious corporations; constitutional protections

Title 10 – Corporations and Associations Chapter 24 – General Provisions-nonprofit Corporations Article 4 – Definitions, Notice, Private Foundations, Judicial Relief and Religious organizations If religious doctrine governing the affairs of a corporation organized primarily for religious purposes is inconsistent with the provisions of chapters 24 through 40 of this title on the same subject, […]

§10-3201 Incorporators

Title 10 – Corporations and Associations Chapter 25 – Incorporation-nonprofit Corporations Article 1 – Incorporation One or more persons may act as the incorporator or incorporators of a corporation by delivering articles of incorporation and a certificate of disclosure to the commission for filing.

§10-3202 Articles of incorporation; violation; classification

Title 10 – Corporations and Associations Chapter 25 – Incorporation-nonprofit Corporations Article 1 – Incorporation A. The articles of incorporation shall set forth: 1. A corporate name for the corporation that satisfies the requirements of section 10-3401. 2. A brief statement of the character of affairs that the corporation initially intends to conduct. This statement […]

§10-3203 Incorporation

Title 10 – Corporations and Associations Chapter 25 – Incorporation-nonprofit Corporations Article 1 – Incorporation A. Unless a delayed effective date is specified in the articles of incorporation, incorporation occurs and the corporate existence begins when the articles of incorporation and certificate of disclosure are delivered to the commission for filing. B. The commission’s filing […]

§10-3204 Liability for noncorporate transactions

Title 10 – Corporations and Associations Chapter 25 – Incorporation-nonprofit Corporations Article 1 – Incorporation All persons purporting to act as or on behalf of a corporation with actual knowledge that no corporation exists under chapters 24 through 40 of this title are jointly and severally liable to the extent not precluded by section 12-2506 […]

§10-3205 Organization of corporation

Title 10 – Corporations and Associations Chapter 25 – Incorporation-nonprofit Corporations Article 1 – Incorporation After incorporation the board of directors shall hold an organizational meeting at the call of a majority of the directors to complete the organization of the corporation by appointing officers, adopting bylaws, and carrying on any other business brought before […]

§10-3206 Bylaws

Title 10 – Corporations and Associations Chapter 25 – Incorporation-nonprofit Corporations Article 1 – Incorporation A. The board of directors of a corporation shall adopt initial bylaws for the corporation. B. The bylaws of a corporation may contain any provision for regulating and managing the affairs of the corporation that is not inconsistent with law […]

§10-3207 Emergency bylaws

Title 10 – Corporations and Associations Chapter 25 – Incorporation-nonprofit Corporations Article 1 – Incorporation A. Unless the articles of incorporation provide otherwise, the board of directors of a corporation may adopt bylaws to be effective only in an emergency defined in subsection D of this section. The emergency bylaws are subject to amendment or […]

§10-3301 Purposes

Title 10 – Corporations and Associations Chapter 26 – Purposes and Powers-nonprofit Corporations Article 1 – General Provisions Subject to any limitations or requirements contained in its articles of incorporation or in any other applicable law, a corporation shall have the purpose of engaging in and may engage in any lawful activity including the practice […]