Any such fiduciary investment company shall be incorporated under and subject to the provisions of the Kentucky Business Corporation Act. The incorporators shall be persons who are officers or directors of the trust institution or institutions causing such fiduciary investment company to be incorporated and the articles of incorporation shall set forth the names of each trust institution participating in such incorporation and the amount of stock originally subscribed for by each, together with such other facts as are required by the Kentucky Business Corporation Act.
History: Created 1974 Ky. Acts ch. 300, sec. 4.

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Terms Used In Kentucky Statutes 386.530

  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • 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
  • Fiduciary: A trustee, executor, or administrator.
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