Any number of persons may become incorporated under this chapter prior to July 1, 1971, for the transaction of any lawful business, but the incorporation confers no power or privilege not possessed by natural persons, except as provided in this chapter. All domestic corporations shall be organized under chapter 490, except as expressly provided otherwise in chapter 490.
83 Acts, ch 101, §106; 89 Acts, ch 83, §65; 89 Acts, ch 288, §186
Consolidation or merger involving domestic mutual insurance companies, merger involving foreign or domestic stock insurance companies, and merger involving domestic health maintenance organizations or limited service organizations, see §521.2