Article 12 - SMALL MINORITY BUSINESS DEVELOPMENT CORPORATIONS
- Section 7-1-940 - Definitions
- Section 7-1-941 - Creation of corporations; contents of articles of incorporation; subscription and acknowledgment
- Section 7-1-942 - Approval of articles by department
- Section 7-1-943 - Standards for approval of articles by department; timing
- Section 7-1-944 - Filing departmental approval with Secretary of State
- Section 7-1-945 - Corporate powers
- Section 7-1-946 - Bond and stock holding authority; member loans to corporation not discriminatory
- Section 7-1-947 - Application for membership; requirements for loans to corporation; member loan limits
- Section 7-1-948 - Duration of membership; withdrawal
- Section 7-1-949 - Powers of shareholders and members
- Section 7-1-950 - Amendment of articles
- Section 7-1-951 - Board of directors; officers and agents
- Section 7-1-952 - Setting apart net earnings; fiscal year
- Section 7-1-953 - Deposit of corporate funds
- Section 7-1-954 - Departmental power over corporations
- Section 7-1-955 - First meeting
- Section 7-1-956 - Duration of corporation; dissolution
- Section 7-1-957 - State indebtedness not to be created
- Section 7-1-958 - Tax exemptions, credits, and privileges; occupational license taxes