Kentucky Statutes 272.400 – Amendments to articles
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The articles of incorporation may be altered or amended at any regular or special meeting called for that purpose. An amendment must first be approved by two-thirds (2/3) of the directors and then adopted by a vote representing a majority of all the members of the association. Amendments, when so adopted, shall be recorded in accordance with the provisions of the general corporation law of this state, except that the fee to be charged by the Secretary of State for filing such an amendment shall be one dollar ($1).
History: Amended 1946 Ky. Acts ch. 141, sec. 27. — Created 1942 Ky. Acts ch. 88, sec. 6.
History: Amended 1946 Ky. Acts ch. 141, sec. 27. — Created 1942 Ky. Acts ch. 88, sec. 6.
Terms Used In Kentucky Statutes 272.400
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010