(1) The provisions of KRS § 273.161 to KRS § 273.390 relating to domestic corporations shall apply to:
(a) All corporations organized hereunder; and

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Terms Used In Kentucky Statutes 273.163

  • 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
  • Domestic: when applied to a corporation, partnership, business trust, or limited liability company, means all those incorporated or formed by authority of this state. See Kentucky Statutes 446.010
  • Foreign: when applied to a corporation, partnership, limited partnership, business trust, statutory trust, or limited liability company, includes all those incorporated or formed by authority of any other state. 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

(b) All nonprofit corporations heretofore organized under any act repealed by
1968 Acts, ch. 165, for a purpose or purposes for which a corporation might be organized under KRS § 273.161 to KRS § 273.390.
(2) The provisions of KRS § 273.161 to KRS § 273.390 relating to foreign corporations shall apply to all foreign nonprofit corporations conducting affairs in this state for a purpose or purposes for which a corporation might be organized under KRS
273.161 to 273.390.
History: Created 1968 Ky. Acts ch. 165, sec. 3.