286.5-021 Who may incorporate -- Procedure.
Any five (5) or more residents of this state (hereinafter referred to as the "incorporators") <br>may form an association to promote thrift and home financing, subject to approval as <br>provided in this subtitle, by signing and acknowledging, before an officer competent to <br>take acknowledgments of deeds, two (2) copies of a petition for a certificate of <br>incorporation in the form prescribed by the commissioner, and of the bylaws in a form <br>approved by the commissioner, which shall be filed with the commissioner, accompanied <br>by the incorporation fee.
Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 24, sec. 674, effective July 15, 2010. -- Amended
1968 Ky. Acts ch. 152, sec. 139. -- Created 1964 Ky. Acts ch. 138, sec. 3 (1), <br>effective June 18, 1964.
Formerly codified as KRS 289.021. <br>Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts
ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the <br>Kentucky Financial Services Code, KRS Chapter 286, and KRS references within <br>this statute have been adjusted to conform with the 2006 renumbering of that code.
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