There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 279 RURAL ELECTRIC AND RURAL TELEPHONE COOPERATIVE CORPORATIONS
279.550 Securities act exemption.
Download pdfindebtedness issued by any cooperative or foreign corporation doing business in this state
pursuant to KRS 279.310 to 279.600 to the United States of America or any agency or
instrumentality thereof, or to any mortgage, deed of trust or other instrument executed to
secure the same. The provisions of said securities act shall not apply to the issuance of
membership certificates, shares of stock or any other evidence of member, shareholder or
patron interest by any cooperative or any such foreign corporation. Effective: March 25, 1950
History: Created 1950 Ky. Acts ch. 147, sec. 25, effective March 25, 1950.
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