KRS 271B.7-010: Annual meeting.

(1) A corporation shall hold a meeting of shareholders annually at a time stated in or

fixed in accordance with the bylaws.

(2) Annual shareholders' meetings may be held in or out of this state at the place stated

in or fixed in accordance with the bylaws. If no place is stated in or fixed in

accordance with the bylaws, annual meetings shall be held at the corporation's

principal office.

(3) The failure to hold an annual meeting at the time stated in or fixed in accordance

with a corporation's bylaws shall not affect the validity of any corporate action.