KRS 155.040: Contents of articles of incorporation.

The articles of incorporation shall set forth the amount of total authorized capital stock

and the number of shares in which it is divided, the par value of each share, and the

amount of capital stock with which the corporation will commence business and, if there

is more than one (1) class of stock, a description of the different classes, and the names

and post office addresses of the subscribers of stock and the number of shares subscribed

by each. The aggregate of the subscription shall be the amount of capital with which the

corporation will commence business. The articles of incorporation may also contain any

provision consistent with the laws of this Commonwealth for the regulation of the affairs

of the corporation or creating, defining, limiting, and regulating its power.