Download as PDF
273.227 Officers.
(1)
(2)
(3)
(4)
(5)
(6)
(7)
A corporation shall have the officers described in its bylaws or appointed by the
board of directors in accordance with the bylaws.
A duly appointed officer may appoint one (1) or more officers or assistant officers if
authorized by the bylaws or the board of directors.
The bylaws or the board of directors shall delegate to one (1) of the officers
responsibility for preparing minutes of the directors' and members' meetings and for
authenticating records of the corporation.
The same individual may simultaneously hold more than one (1) office in a
corporation.
Each officer shall be elected or appointed at such time and in such manner and for
such terms not exceeding three (3) years as may be prescribed in the articles of
incorporation or the bylaws. In the absence of any such provision, all officers shall
be elected or appointed annually by the board of directors.
The articles of incorporation or the bylaws may provide that any one (1) or more
officers of the corporation shall be ex officio members of the board of directors.
Every officer of a corporation, by acceptance of election or appointment as a
director, including by service, shall be deemed to have consented to the jurisdiction
of the courts of the Commonwealth of Kentucky for any action by, in the name of,
or on behalf of the corporation.
Effective: July 12, 2012
History: Amended 2012 Ky. Acts ch. 81, sec. 101, effective July 12, 2012. -- Amended
1988 Ky. Acts ch. 23, sec. 197, effective January 1, 1989. -- Created 1968 Ky. Acts
ch. 165, sec. 22.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.