(a) Articles of incorporation of a proposed domestic insurance company must state:
(1) the name of the company;
(2) the location of the company's home office;
(3) the kinds of insurance business in which the company proposes to engage;
(4) the name and place of residence of each incorporator;
(5) the amount of the company's capital stock;
(6) the number of shares of the company's capital stock;
(7) the amount of the company's surplus; and
(8) the period of the company's duration, which may be perpetual.
(b) The incorporators of a domestic insurance company may include in the articles of incorporation other provisions that are not inconsistent with law.