155.190 Effect of failure of any corporation to organize, or of organized
67 words·~1 min read·
/ky/155-190A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
corporation to begin doing business. If a corporation organized pursuant to this chapter fails to begin business within three
(3)years from the effective date of its certificate of incorporation, then said certificate shall become null and void. If, within three
(3)years from March 21, 1960, no corporation is organized pursuant to this chapter, then and in that event, this chapter shall become null and void.