{"data":{"id":"us-ky/krs-271b.14-010","jurisdiction":"us-ky","citation":"KRS 271B.14-010","heading":"Dissolution by incorporators or initial directors.","body":"A majority of the incorporators or initial directors of a corporation that has not issued\nshares or has not commenced business may dissolve the corporation by delivering to the\nSecretary of State for filing articles of dissolution that set forth:\n(1) The name of the corporation;\n(2) The date of its incorporation;\n(3) Either:\n(a) That none of the corporation's shares has been issued; or\n(b) That the corporation has not commenced business;\n(4) That no debt of the corporation remains unpaid;\n(5) That the net a ssets of the corporation remaining after winding up have been\ndistributed to the shareholders, if shares were issued; and\n(6) That a majority of the incorporators or initial directors authorized the dissolution.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13447","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:20Z","sha256":"beb12a93866a516283ab4863d03bade71a0c072261fa9f9c8e1b379cf9c7ecf9","source_id":"us-ky","stale":false,"prev":"us-ky/krs-271b.13-310","next":"us-ky/krs-271b.14-020"},"notice":"GroundRules: Original legal text. Not legal advice."}