Kentucky Statutes 136.020 – Assessment of property of corporations
Current as of: 2024 | Check for updates
|
Other versions
The property of all corporations, except where otherwise provided by law, shall be assessed in the name of the corporation in the same manner as that of a natural person, except that, when legally called on, the chief officer shall report a full statement of the property of the corporation for taxation, and, for a failure, shall be subject to the penalties provided by law for a similar failure by a natural person in listing his property.
Effective: July 14, 1992
History: Amended 1992 Ky. Acts ch. 338, sec. 16, effective July 14, 1992. — Amended
1986 Ky. Acts ch. 496, sec. 2, effective August 1, 1986. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4085, 4091.
Effective: July 14, 1992
Terms Used In Kentucky Statutes 136.020
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
History: Amended 1992 Ky. Acts ch. 338, sec. 16, effective July 14, 1992. — Amended
1986 Ky. Acts ch. 496, sec. 2, effective August 1, 1986. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4085, 4091.