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KRS 273.387

Application of act to corporations in existence on June 30, 1968

Applied in 3 court decisions — leading case University of Louisville v. Martin (1978)

Most recently applied in Rooks v. University of Louisville (December 1978)

History: Created 1968 Ky

(1) KRS 273.161 to 273.390, so far as it can be made applicable, shall apply to any nonstock, nonprofit corporation in existence on June 30, 1968, which was formed under the general laws of this state relating to religious, educational, charitable, civic, athletic, recreational, and social nonstock, nonprofit corporations, or by special act, for a purpose or purposes for which a corporation might be formed under KRS 273.161 to 273.390.

(2) It shall not be necessary for any such existing corporation to amend its articles to set forth the provisions required by KRS 273.161 to 273.390 to be set forth in articles of incorporation.

(3) Such existing corporations shall have all the powers enumerated in KRS 273.171.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.