KRS 304.32-050: Certificate of authority.

(1) Whenever any number of persons shall associate to form a corporation for any of

the purposes in KRS 304.32 -030, they shall submit proposed articles of

incorporation in triplicate to the commissioner for examination. After being

approved by the commissioner and the Attorney General, the articles shall be filed

in the office of the Secretary of State, who shall issue a certificate of incorporation

pursuant to the provisions of KRS Chapter 273.

(2) When not less than the amount required by KRS 304.32 -140 is de posited with the

commissioner, he or she shall cause an examination to be made either by the

commissioner or some disinterested person, especially appointed by him or her for

the purpose, who shall certify that the corporation has complied with the provisi ons

of this subtitle. The certificate shall be filed in the office of the commissioner, who

shall issue a certificate of authority to the corporation.

(3) Whenever any such corporation shall desire to amend its articles of incorporation, it

shall file its articles of amendment with the commissioner before filing them with

the Secretary of State. When the commissioner shall find the articles of amendment

to have been legally adopted, the articles of amendment shall be filed with the

Secretary of State.