(1) All Commonwealth officers and agencies are authorized to render services to the corporation within their respective functions as may be requested by the corporation.
(2) Construction of KRS § 247.940 to KRS § 247.978, being necessary for the welfare of the Commonwealth and its residents, shall be liberally construed to effect the purposes thereof.

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Terms Used In Kentucky Statutes 247.959

  • 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

Effective: July 13, 1990
History: Created 1990 Ky. Acts ch. 440, sec. 11, effective July 13, 1990.