Kentucky Statutes 247.340 – Incorporation, powers, directors of federation — Existing federation
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(1) The said federation of farm bureaus organized pursuant to KRS § 247.330 shall be a body corporate upon the filing with the county clerk of the county in which the principal office of said federation is located, articles of incorporation signed by the requisite number of authorized representatives of said county farm bureaus, and upon the filing of a copy of said articles of incorporation certified to by said county clerk, in the office of the Secretary of State of the Commonwealth of Kentucky.
(2) Said articles of incorporation shall state:
(a) The names of the county farm bureaus organizing said state federation; (b) The corporate name of said state federation;
(c) The location of the principal office;
(d) The nature of its business and its general powers, and may set out any other provision, which the incorporators may deem desirable and which are not in conflict with the law.
(3) The incorporators signing the articles of incorporation shall constitute the first board of directors until the first annual election date to be fixed by the bylaws of the corporation.
(4) Any state federation of county farm bureaus heretofore organized pursuant to the provisions of KRS § 247.330, or, Chapter 76 of the Acts of 1920 of the General Assembly of the Commonwealth of Kentucky, and having heretofore filed its articles of incorporation as provided in this section, shall not be required to reincorporate, but may continue its corporate existence as if done pursuant hereto, and said corporation or any corporation organized pursuant to this section and KRS
247.330, may amend its articles of incorporation by a majority vote of its voting delegates assembled in annual state convention.
Effective: June 17, 1978
History: Amended 1978 Ky. Acts ch. 384, sec. 382, effective June 17, 1978. — Amended 1952 Ky. Acts ch. 157, sec. 5, effective June 19, 1952. — Recodified 1942
Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 42d-17.
(2) Said articles of incorporation shall state:
Terms Used In Kentucky Statutes 247.340
- Board: means the State Board of Agriculture. See Kentucky Statutes 247.010
- 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
- Directors: when applied to corporations, includes managers or trustees. 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
(a) The names of the county farm bureaus organizing said state federation; (b) The corporate name of said state federation;
(c) The location of the principal office;
(d) The nature of its business and its general powers, and may set out any other provision, which the incorporators may deem desirable and which are not in conflict with the law.
(3) The incorporators signing the articles of incorporation shall constitute the first board of directors until the first annual election date to be fixed by the bylaws of the corporation.
(4) Any state federation of county farm bureaus heretofore organized pursuant to the provisions of KRS § 247.330, or, Chapter 76 of the Acts of 1920 of the General Assembly of the Commonwealth of Kentucky, and having heretofore filed its articles of incorporation as provided in this section, shall not be required to reincorporate, but may continue its corporate existence as if done pursuant hereto, and said corporation or any corporation organized pursuant to this section and KRS
247.330, may amend its articles of incorporation by a majority vote of its voting delegates assembled in annual state convention.
Effective: June 17, 1978
History: Amended 1978 Ky. Acts ch. 384, sec. 382, effective June 17, 1978. — Amended 1952 Ky. Acts ch. 157, sec. 5, effective June 19, 1952. — Recodified 1942
Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 42d-17.