KRS 304.24-080: Amendment of articles of incorporation -- Mutual insurers.

(1) A domestic mutual insurer heretofore or hereafter formed may amend its articles of

incorporation for any lawful purpose by affirmative vote of a majority of those of its

members present or represented by proxy at any regular annual meeting of its

members, or at any special meeting of members called for the purpose. Written

notice of the proposed amendment shall be given members at least thirty (30) days

prior to the meeting, and may be given in the same manner and at the same time as

notice of the meeting is given or in any other appropriate manner.

(2) Upon adoption of the amendment the insurer shall prepare articles of amendment in

quadruplicate, setting forth the amendment and the date and manner of the adoption

thereof. The articles of amendment shall be executed by the insurer's president or

vice president and secretary or assistant secretary, and be acknowledged by them

before an officer authorized by law to take acknowledgments of deeds.

(3) The quadruplicate originals of the articles of amendment shal l be delivered to the

commissioner, shall be subject to examination and certification by the Attorney

General, to approval by the commissioner, and to filing, all as provided for original

articles of incorporation under KRS 304.24-040. For filing articles of amendment of

the articles of incorporation of a domestic mutual insurer the Secretary of State shall

charge and collect a fee of ten dollars ($10), for credit to the general fund.