Kentucky Statutes 279.320 – Who may incorporate — Purposes of incorporation
Current as of: 2024 | Check for updates
|
Other versions
Any five (5) or more natural persons, a majority of whom are citizens of Kentucky, may, by executing, filing and recording articles of incorporation as provided in KRS § 279.330 and KRS § 279.350, form a nonprofit cooperative corporation to promote and encourage the fullest possible use of telephone service in this state by making facilities for such service available to persons in rural areas of the state at the lowest cost consistent with sound business methods and prudent management.
Effective: March 25, 1950.
History: Created 1950 Ky. Acts ch. 147, sec. 2, effective March 25, 1950.
Effective: March 25, 1950.
Terms Used In Kentucky Statutes 279.320
- Cooperative: means any corporation organized under KRS §. See Kentucky Statutes 279.310
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- telephone service: shall include in its meaning communications services of all kinds allowed to any other telephone utility, authorized by regulatory agency and with some unregulated, that being the transmission of voice, data, sounds, signals, pictures, writing, or signs of all kinds, by use of wire, radio, light, electromagnetic impulse, broadband (wideband) spectrum, or any other transmission mode and facility used in rendition of such services. See Kentucky Statutes 279.310
History: Created 1950 Ky. Acts ch. 147, sec. 2, effective March 25, 1950.