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62G.08 Approval of articles and bylaws.

Subdivision 1. Articles of incorporation, bylaws or amendments thereto must be approved by the commissioner. Failure of the commissioner to approve or disapprove any article, bylaw or amendment submitted for approval by an order transmitted to the legal service plan corporation within 30 days of receipt and stating the reasons for any disapproval, shall be deemed approval.

Upon approval by the commissioner, the legal service plan corporation shall file the articles of incorporation or amendment of articles of incorporation with the secretary of state, together with a copy of the order or an affidavit of an officer of the legal service plan corporation that no order has been issued and that more than 30 days have expired since submission of the proposed articles of incorporation or amendment of articles of incorporation. When the filing fees and charges have been paid as required by law, and the secretary of state determines that the articles of incorporation or amendments of articles of incorporation are in acceptable form, the secretary of state shall record them and take any other action provided for by chapter 317A.

Subd. 2. The existence of a legal service plan corporation hereafter organized shall begin upon issuance of a certificate of incorporation by the secretary of state. Within 14 days after issuance of the certificate, the legal service plan corporation shall cause to be published in a qualified newspaper in the county in which it has its registered office, a notice stating the name of the legal service corporation, the date of incorporation, the general nature of its business, the address of its registered office, and the names and addresses of the incorporators and directors.

HIST: 1978 c 785 s 8; 1986 c 444; 1989 c 304 s 137

Official Publication of the State of Minnesota
Revisor of Statutes