(1) Every corporation formed under KRS § 279.010 to KRS § 279.220 shall be subject to the general supervision of the Public Service Commission, and shall be subject to all the provisions of KRS § 278.010 to KRS § 278.450 inclusive, and KRS § 278.990.
(2) The provisions of the general corporation laws of this state and all rights and powers thereunder shall apply to corporations organized under KRS § 279.010 to

Terms Used In Kentucky Statutes 279.210

  • Corporation: means a profit or nonprofit corporation formed under the laws of any state or a foreign country. See Kentucky Statutes 279.010
  • 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.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010

279.220, except where such provisions are in conflict with or inconsistent with the express provisions of KRS § 279.010 to KRS § 279.220.
Effective: June 15, 1950
History: Amended 1950 Ky. Acts ch. 129, sec. 1, effective June 15, 1950. — Recodified
1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 883j-
25, 883j-27.

  Previous section
Next section  
 Chapter 279 Contents