Statutes, codes, and regulations
Kentucky Revised Statutes
Title 24 - PUBLIC UTILITIESChapter 279 - RURAL ELECTRIC AND RURAL TELEPHONE COOPERATIVE CORPORATIONS
TELEPHONE COOPERATIVES
Section 279.320 - Who may incorporate - Purposes of incorporation

Ky. Rev. Stat. § 279.320

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Current through Acts Received April 24, 2024
Section 279.320 - Who may incorporate - Purposes of incorporation

Any five (5) or more natural persons, a majority of whom are citizens of Kentucky, may, by executing, filing and recording articles of incorporation as provided in KRS 279.330 and 279.350, form a nonprofit cooperative corporation to promote and encourage the fullest possible use of telephone service in this state by making facilities for such service available to persons in rural areas of the state at the lowest cost consistent with sound business methods and prudent management.

KRS 279.320

Effective:3/25/1950.
Created 1950 Ky. Acts ch. 147, sec. 2, effective3/25/1950.