Kentucky Statutes 136.150 – Ascertainment of facts on failure to report
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If any corporation fails to report as required by KRS § 136.130 and KRS § 136.140 on or before April 30 of each year, or May 30 if the Department of Revenue has granted the corporation an extension, the Department of Revenue shall ascertain the required facts and values in such manner and by such means as it deems proper, at the cost of the corporation failing to make the report.
Effective: June 20, 2005
History: Amended 2005 Ky. Acts ch. 85, sec. 305, effective June 20, 2005. — Amended
2002 Ky. Acts ch. 89, sec. 9, effective July 15, 2002. — Recodified 1942 Ky. Acts ch.
208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4090, 4097.
Effective: June 20, 2005
Terms Used In Kentucky Statutes 136.150
- 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
- Year: means calendar year. See Kentucky Statutes 446.010
History: Amended 2005 Ky. Acts ch. 85, sec. 305, effective June 20, 2005. — Amended
2002 Ky. Acts ch. 89, sec. 9, effective July 15, 2002. — Recodified 1942 Ky. Acts ch.
208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4090, 4097.