273.247 Articles of incorporation.
280 words·~1 min read·
/ky/chapter-273/273-247A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The articles of incorporation shall set forth:
(a)The name of the corporation that satisfies the requirements of KRS 14A.3-
010;
(b)The purpose or purposes for which the corporation is organized;
(c)Any provisions, not inconsistent with law, which the incorporators elect to set
forth in the articles of incorporation for the regulation of the internal affairs of
the corporation, including any provision for distribution of assets or
dissolution or final liquidation;
(d)The corporation's initial registered office and initial registered agent that
satisfy the requirements of KRS 14A.4-010;
(e)The mailing address of the corporation's principal office;
(f)The number of directors constituting the initial board of directors, and the
names and mailing addresses of the persons who are to serve as the initial
directors; and
(g)The name and mailing address of each incorporator.
(2)It shall not be necessary to set forth in the articles of incorporation any of the
corporate powers enumerated in KRS 273.163 to 273.387.
(3)Unless its articles of incorporation provide otherwise, every corporation shall be
presumed to have perpetual duration and succession in its corporate name.
(4)Unless the articles of incorporation provide that a change in the number of directors
shall be made only by amendment to the articles of incorporation, a change in the
number of directors made by amendment to the bylaws shall be controlling. In all
other cases, when a provision of the articles of incorporation is inconsistent with a
bylaw, the provision of the articles of incorporation shall be controlling.
(5)Unless the registered agent signs the articles, the corporation shall deliver with the
articles of incorporation the registered agent's written consent to the appointment.