2011 Kentucky Revised Statutes Subtitle 32. Nonprofit Hospital, Medical-Surgical, Dental and Health Service Corporations 304.32.050 Certificate of authority.
KY Rev Stat § 304.32.050 (1996 through Reg Sess) What's This?
304.32-050 Certificate of authority.
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Whenever any number of persons shall associate to form a corporation for any of
the purposes in KRS 304.32-030, they shall submit proposed articles of
incorporation in triplicate to the commissioner for examination. After being
approved by the commissioner and the Attorney General, the articles shall be filed
in the office of the Secretary of State, who shall issue a certificate of incorporation
pursuant to the provisions of KRS Chapter 273.
When not less than the amount required by KRS 304.32-140 is deposited with the
commissioner, he or she shall cause an examination to be made either by the
commissioner or some disinterested person, especially appointed by him or her for
the purpose, who shall certify that the corporation has complied with the provisions
of this subtitle. The certificate shall be filed in the office of the commissioner, who
shall issue a certificate of authority to the corporation.
Whenever any such corporation shall desire to amend its articles of incorporation, it
shall file its articles of amendment with the commissioner before filing them with
the Secretary of State. When the commissioner shall find the articles of amendment
to have been legally adopted, the articles of amendment shall be filed with the
Secretary of State.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 1414, effective July 15, 2010. -- Created
1970 Ky. Acts ch. 301, subtit. 32, sec. 5, effective June 18, 1970.
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