KRS 279.320: Who may incorporate -- Purposes of incorporation.

Any five (5) or more natural persons, a majority of whom are citizens of Kentucky, may,

by executing, filing and recording articles of incorporation as provided in KRS 279.330

and 279.350, form a nonprofit cooperative corporation to promote and encourage t he

fullest possible use of telephone service in this state by making facilities for such service

available to persons in rural areas of the state at the lowest cost consistent with sound

business methods and prudent management.