Part I.  General Provisions


    414D-1 Short title

    414D-2 Reservation of power to amend or repeal

    414D-3 Filing requirements

    414D-4 Forms

    414D-5 Filing, service, and copying fees

    414D-6 Effective time and date of document

    414D-7 Correcting filed document

    414D-8 Filing duty of the department director

    414D-9 Appeal from the department director's refusal to file


   414D-10 Evidentiary effect of copy of filed document

   414D-11 Certificates and certified copies to be received in


   414D-12 Penalty for signing false document

   414D-13 Department director; powers

   414D-14 Definitions

   414D-15 Notice

   414D-16 Private foundations

   414D-17 Judicial relief

   414D-18 Miscellaneous charges

   414D-19 Shares of stock and dividends prohibited; compensation;


   414D-20 Notice to the attorney general of commencement of



         Part II.  Organization

   414D-31 Incorporators

   414D-32 Articles of incorporation

   414D-33 Incorporation

   414D-34 Liability for preincorporation transactions

   414D-35 Organization of corporation

   414D-36 Bylaws

   414D-37 Emergency bylaws and powers


         Part III.  Purposes and Powers

   414D-51 Purposes

   414D-52 General powers

   414D-53 Emergency powers

   414D-54 Ultra vires


         Part IV.  Names

   414D-61 Corporate name

   414D-62 Reserved name

   414D-63 Repealed

   414D-64 Administrative order of abatement for infringement of

           corporate name


         Part V.  Office and Registered Agent

   414D-71 Registered agent

   414D-72 Designation or change of registered agent

   414D-73 Resignation of registered agent

   414D-74 Service on corporation


         Part VI.  Members and Memberships

   414D-81 Admission

   414D-82 Consideration

   414D-83 No requirement of members

   414D-84 Differences in rights and obligations of members

   414D-85 Member's liability to third parties

   414D-86 Member's liability for dues, assessments, and fees

   414D-87 Creditor's action against member

   414D-88 Repealed

   414D-89 Termination, expulsion, and suspension

 414D-89.5 Amendment terminating or canceling members; redemption

           of membership

   414D-90 Derivative suits

   414D-91 Delegates


         Part VII.  Members' Meetings, and Voting

  414D-101 Annual and regular meetings

  414D-102 Special meetings

  414D-103 Court-ordered meetings

  414D-104 Action by written consent

414D-104.5 Action by ballot

  414D-105 Notice of meeting

  414D-106 Waiver of notice

  414D-107 Record date; determining members entitled

           to notice and vote

  414D-108 Repealed

  414D-109 Members' list for meeting

  414D-110 Voting entitlement generally

  414D-111 Quorum requirements

  414D-112 Voting requirements

  414D-113 Proxies

  414D-114 Cumulative voting for directors

  414D-115 Other methods of electing directors

  414D-116 Corporation's acceptance of votes

  414D-117 Voting agreements


         Part VIII.  Directors and Officers

  414D-131 Requirement for and duties of the board

  414D-132 Qualifications of directors

  414D-133 Number of directors

  414D-134 Election, designation, and appointment of directors

  414D-135 Terms of directors generally

  414D-136 Staggered terms for directors

  414D-137 Resignation of directors

  414D-138 Removal of directors elected by members or directors

  414D-139 Removal of designated or appointed directors

  414D-140 Removal of directors by judicial proceeding

  414D-141 Vacancy on board

  414D-142 Compensation of directors

  414D-143 Regular and special meetings

  414D-144 Action without meeting

  414D-145 Call and notice of meetings

  414D-146 Waiver of notice of meeting

  414D-147 Quorum and voting

  414D-148 Committees of the board

  414D-149 General standards for directors

  414D-150 Director conflict of interest

  414D-151 Loans to or guaranties for directors and officers

  414D-152 Liability for unlawful distributions

  414D-153 Required officers

  414D-154 Duties and authority of officers

  414D-155 Standards of conduct for officers

  414D-156 Resignation and removal of officers

  414D-157 Contract rights of officers

  414D-158 Officers' authority to execute documents

  414D-159 Definitions

  414D-160 Authority to indemnify

  414D-161 Mandatory indemnification

  414D-162 Advance for expenses

  414D-163 Court-ordered indemnification

  414D-164 Determination and authorization of indemnification

  414D-165 Indemnification of officers, employees, and agents

  414D-166 Insurance

  414D-167 Application of this part


         Part IX.  Amendment of Articles of Incorporation and Bylaws

  414D-181 Authority to amend

  414D-182 Procedure to amend articles of incorporation

  414D-183 Articles of amendment

  414D-184 Restated, amended and restated, articles of


  414D-185 Amendment pursuant to judicial reorganization

  414D-186 Effect of amendment and restatement

  414D-187 Bylaws

  414D-188 Approval by third persons


         Part X.  Merger

  414D-200 Definitions

  414D-201 Merger

414D-201.5 Foreign mergers

  414D-202 Action on plan by board, members, and third persons

  414D-203 Articles of merger

  414D-204 Effect of merger

  414D-205 Repealed

  414D-206 Bequests, devises, and gifts

 414D-207, 208 Repealed

  414D-209 Repealed

  414D-210 Repealed

  414D-211 Limitations on merger by public benefit corporations


         Part XI.  Sale of Assets

  414D-221 Sale of assets in regular course of activities and

           mortgage of assets

  414D-222 Sale of assets other than in regular course of



         Part XII.  Distributions

  414D-231 Prohibited distributions

  414D-232 Authorized distributions

  414D-233 Notice to the attorney general of intention to



         Part XIII.  Dissolution

  414D-241 Dissolution by incorporators, initial directors,

           and third persons

  414D-242 Dissolution by directors, members, and third persons

  414D-243 Articles of dissolution

  414D-244 Revocation of dissolution

  414D-245 Effect of dissolution

414D-245.5 Trustees or receivers for dissolved corporations;

           appointment; powers; duties

  414D-246 Known claims against dissolved corporation

  414D-247 Unknown claims against dissolved corporation

  414D-248 Grounds for administrative dissolution

  414D-249 Procedure for and effect of administrative

           dissolution and effect of expiration

  414D-250 Reinstatement following administrative dissolution

  414D-251 Appeal from denial of reinstatement

  414D-252 Grounds for judicial dissolution

  414D-253 Procedure for judicial dissolution

  414D-254 Receivership or custodianship

  414D-255 Decree of dissolution

  414D-256 Deposit with director of finance


         Part XIV.  Foreign Corporations

  414D-271 Authority to transact business required

  414D-272 Consequences of transacting business without


  414D-273 Application for certificate of authority

  414D-274 Change of name by foreign corporation

  414D-275 Effect of certificate of authority

  414D-276 Corporate name of foreign corporation

  414D-277 Registered agent of foreign corporation

  414D-278 Change of registered agent of foreign corporation

  414D-279 Resignation of registered agent of foreign


  414D-280 Service on foreign corporation

  414D-281 Application to corporations heretofore authorized to

           transact business in this State

  414D-282 Withdrawal of foreign corporation

  414D-283 Grounds for revocation of certificate of authority

  414D-284 Procedure and effect of revocation

  414D-285 Appeal from revocation


         Part XV.  Records and Reports

  414D-301 Corporate records

  414D-302 Inspection of records by members

  414D-303 Scope of inspection rights

  414D-304 Court-ordered inspection

  414D-305 Limitations on use of membership list

  414D-306 Financial statements for members

414D-306.5 Inspection of records by directors

  414D-307 Report of indemnification to members

  414D-308 Annual report


         Part XVI.  Superseding Chapters

  414D-311 Superseding chapters


         Part XVII.  Transition Provisions

  414D-321 Application to existing domestic corporations

  414D-322 Application to qualified foreign corporations

  414D-323 Saving provisions

  414D-324 Severability


Cross References


  Protection of charitable assets; attorney general's authority, see §28-5.2.


Case Notes


  Where church was not a hierarchical church, but a congregational church that made decisions by a vote of its members as set forth in its "petition for charter" of incorporation and by-laws, the church was governed by this chapter; thus, appellants should have been allowed to amend their complaint, had standing to contest their expulsion, and were not precluded from doing so by the ecclesiastical abstention doctrine; also, doctrine did not bar appellants' complaint to the extent it did not require resolution of controversies over church doctrine, law, or polity.  118 H. 165 (App.), 185 P.3d 913 (2008).


Previous Vol08_Ch0401-0429 Next