When the annual statement of a corporation subject to the provisions of this subtitle shall have been filed and all fees due from the corporation shall have been paid, the corporation’s certificate of authority to do business in this state shall automatically be extended until such time as the commissioner refuses to relicense the corporation.
Effective: July 15, 2010

Terms Used In Kentucky Statutes 304.32-120

  • 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
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010

History: Amended 2010 Ky. Acts ch. 24, sec. 1417, effective July 15, 2010. — Amended 2002 Ky. Acts ch. 273, sec. 47, effective July 15, 2002. — Created 1970
Ky. Acts ch. 301, subtit. 32, sec. 12, effective June 18, 1970.

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