247.340 Incorporation, powers, directors of federation -- Existing federation.
(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 <br>principal office of said federation is located, articles of incorporation signed by the <br>requisite number of authorized representatives of said county farm bureaus, and <br>upon the filing of a copy of said articles of incorporation certified to by said county <br>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; <br>(b) The corporate name of said state federation; <br>(c) The location of the principal office; <br>(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 <br>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 <br>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 <br>Assembly of the Commonwealth of Kentucky, and having heretofore filed its <br>articles of incorporation as provided in this section, shall not be required to <br>reincorporate, but may continue its corporate existence as if done pursuant hereto, <br>and said corporation or any corporation organized pursuant to this section and KRS <br>247.330, may amend its articles of incorporation by a majority vote of its voting <br>delegates assembled in annual state convention.
Effective: June 17, 1978 <br>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 <br>Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 42d-17.
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