EX-99.1(U) 4 a09-5136_1ex99d1u.htm EX-99.1(U)

Exhibit 99.1(u)

 

MUTUAL OF AMERICA INVESTMENT CORPORATION

 

ARTICLES SUPPLEMENTARY TO THE CHARTER

 

Mutual of America Investment Corporation, a Maryland corporation and a registered open-end investment company under the Investment Company Act of 1940 (the Corporation), with its principal office c/o Corporation Trust Incorporated, 300 East Lombard Street, Baltimore, Maryland 21202, hereby certifies to the State Department of Assessments and Taxation of Maryland that:

 

FIRST:  The total number of shares of capital stock of all classes that the Corporation had authority to issue is five billion (5,000,000,000) shares of common stock, par value $.01 per share, with an aggregate par value of fifty million dollars ($50,000,000).

 

SECOND:  Pursuant to the authority vested in the Board of Directors of the Corporation by Section 5.1 of the Articles of Incorporation of the Corporation (“Articles”), the Board of Directors has voted to increase the authorized shares allocated to the Moderate Allocation Fund, 2015 Retirement Fund, 2020 Retirement Fund, 2025 Retirement Fund, 2030 Retirement Fund, 2035 Retirement Fund and 2045 Retirement Fund, as follows:

 

Fund

 

Previous Allocation

 

Allocation Increase

 

Total Shares Allocated

 

Moderate Allocation

 

100,000,000

 

25,000,000

 

125,000,000

 

2015 Retirement

 

35,000,000

 

25,000,000

 

60,000,000

 

2020 Retirement

 

35,000,000

 

25,000,000

 

60,000,000

 

2025 Retirement

 

20,000,000

 

30,000,000

 

50,000,000

 

2030 Retirement

 

20,000,000

 

30,000,000

 

50,000,000

 

2035 Retirement

 

20,000,000

 

30,000,000

 

50,000,000

 

2045 Retirement

 

20,000,000

 

30,000,000

 

50,000,000

 

 

Allocations for all other classes not shown remain unchanged.  The relative preferences, conversion and other rights, voting powers, restrictions, limitations as to dividends, qualifications and terms and conditions of redemption of each such class are the same as for shares previously allocated to the other classes of shares issued by the Corporation prior to the date hereof.

 

IN WITNESS WHEREOF, the President of the Corporation has signed these Articles Supplementary in the Corporation’s name and on its behalf and acknowledges that these Articles Supplementary are the act of the Corporation, and states that to the best of his knowledge, information and belief all matters and facts set forth therein relating to the authorization and approval of the Articles Supplementary are true in all material respects and that this statement is made under the penalties of perjury.

 

Date: January 12, 2008

 

MUTUAL OF AMERICA

 

 

INVESTMENT CORPORATION

Attest:

 

 

 

 

 

/s/ Thomas L. Martin

 

/s/ Manfred Altstadt

 

 

 

Thomas L. Martin

 

Manfred Altstadt

Secretary

 

President, Chairman and CEO

(seal)