(1) Any person carrying on in this state the business of conducting or publishing a newspaper may notify any foreign corporation of the kind referred to in KRS
365.210, or any agent of such corporation upon whom process can be served under the laws of this state, that he desires to purchase or be supplied with the news or information bought, gathered or accumulated by such corporation, and offer to pay the same charges or prices therefor that are exacted by such corporation from other persons carrying on in this state the business of conducting or publishing a newspaper.

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Terms Used In Kentucky Statutes 365.220

  • 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
  • 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

(2) No such corporation, and no agent or employee thereof, or other person, shall carry on, transact or cause to be conducted any of the business of the corporation in this state after the corporation has refused to vend, supply, distribute or publish the information or news bought, gathered or accumulated by it to any person who has given the notice and made the offer provided for in subsection (1) of this section.
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 883a-2.