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Kentucky Corporate Bylaws Template

Kentucky corporate bylaws are a corporation's rules and regulations drafted into a legally binding document signed by the board of directors. The document will relay the corporate leadership structure, the procedure for day-to-day operations, the issuance of shares, and the meeting schedule.
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Laws

  • Annual Meetings – An annual meeting for shareholders must be held at a time and place in accordance with the bylaws. If no meeting location is specified, it will be held at the corporation’s principal office in the state.[2]
  • Corporate Bylaws – An initial set of bylaws must be written and adopted by the board of directors or incorporators. The bylaws may contain any provisions related to managing business affairs as long as they comply with state law and the articles of incorporation.[3]
  • Issuance of Stock – The board of directors may authorize shares to be issued for consideration consisting of any tangible or intangible property or benefit to the corporation, including cash, promissory notes, services performed, contracts for services to be performed, or other securities of the corporation.[4]

Emergency Bylaws

Emergency bylaws can be executed by the directors to add provisions for board meetings when a quorum of the corporation’s directors cannot attend a scheduled meeting due to a catastrophic event.[5]