Section 271B.3-010 - Purposes(1) Every corporation incorporated under this chapter has the purpose of engaging in any lawful business unless a more limited purpose is set forth in the articles of incorporation.(2) A corporation engaging in a business that is subject to regulation under another statute of this state may incorporate under this chapter only if permitted by, and subject to all limitations of, the other statute.Effective:7/15/2010
Repealed and reenacted 2010, Ky. Acts ch. 51, sec. 56, effective7/15/2010. -- Amended 2007, Ky. Acts ch. 137, sec. 56, effective 6/26/2007. -- Created 1988 Ky. Acts ch. 23, sec. 22, effective 1/1/1989.