KRS 136.115: Definitions for KRS 136.120 to 136.180.

(1) "Corporation" as used in KRS 136.120 through 136.180 means any corporation,

company, association, partnership, or person performing any public service.

(2) "Operating property" as used in KRS 136.120 through 136.180 means both the

operating tangible proper ty and the franchise, and the payment of taxes on the

assessment of operating property shall be deemed the payment of taxes on the

operating tangible property and the franchise.