Kentucky Statutes 279.040 – Filing and approval of articles — When corporation may begin business
Current as of: 2024 | Check for updates
|
Other versions
(1) The incorporators shall execute triplicate originals of the articles of incorporation that satisfy the requirements of KRS § 14A.2-010 to KRS § 14A.2-150, and each incorporator shall acknowledge each triplicate original before an officer authorized to take acknowledgments of deeds. They shall then file the triplicate originals, together with the certificate of acknowledgment, in the office of the Secretary of State. If the Secretary of State finds the articles to be legal and valid, he shall immediately indorse his approval on each of the triplicate originals, retain, record and file one (1) triplicate original in his office, and deliver the other two (2) triplicate originals, with his approval indorsed thereon, to the incorporators. The incorporators shall then file one (1) approved triplicate original in the office of the county clerk of the county in which the principal office of the corporation is to be located.
(2) As soon as the Secretary of State has filed the articles of incorporation, the proposed corporation shall be a body politic and corporate and may transact business in its corporate name.
Effective: January 1, 2011
History: Amended 2010 Ky. Acts ch. 151, sec. 81, effective January 1, 2011. — Amended 1974 Ky. Acts ch. 38, sec. 3, effective June 21, 1974. — Recodified 1942
Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 883j-5.
(2) As soon as the Secretary of State has filed the articles of incorporation, the proposed corporation shall be a body politic and corporate and may transact business in its corporate name.
Terms Used In Kentucky Statutes 279.040
- 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: means a profit or nonprofit corporation formed under the laws of any state or a foreign country. See Kentucky Statutes 279.010
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
Effective: January 1, 2011
History: Amended 2010 Ky. Acts ch. 151, sec. 81, effective January 1, 2011. — Amended 1974 Ky. Acts ch. 38, sec. 3, effective June 21, 1974. — Recodified 1942
Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 883j-5.