KRS 271B.18-020: Retroactive validation of existing domestic corporations.

The corporate existence of each domestic corporation which, upon July 1, 1974, is listed

as an existing corporation on the current corporate index maintained in the office of the

secretary of state and is then engaged in the usual course of its business sh all be, and it

hereby is, validated retroactively to the date of its incorporation and continued for the

period specified in its articles of incorporation and the amendments thereto, or for a

period of one year from July 1, 1974, whichever is greater, unle ss thereafter it is

voluntarily dissolved or liquidated pursuant to law, or its separate existence ceases

pursuant to KRS 271A.380, or it has its corporate powers revoked pursuant to KRS

271A.470, or its charter is repealed or vacated pursuant to KRS Chapter 415.