{"data":{"id":"us-ky/krs-271b.6-260","jurisdiction":"us-ky","citation":"KRS 271B.6-260","heading":"Shares  without certificates -- Shares  of a  public benefit","body":"corporation.\n(1) Unless the articles of incorporation or bylaws provide otherwise, the board of\ndirectors of a corporation may authorize the issue of some or all of the shares\nof any or all of its classes or series without certificates. The authorization shall\nnot affect shares already represented by certificates until they are surrendered\nto the corporation.\n(2) Within a reasonable time after the issue or transfer of shares without\ncertificates, the corporation shall send the shareholder a written statement of\nthe information required on certificates by subsections (2) and (3) of KRS\n271B.6-250 and, if applicable, KRS 271B.6-270.\n(3) Any  stock certificate issued by a  public benefit corporation shall note\nconspicuously that the corporation is a public benefit corporation.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=45779","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:18Z","sha256":"2b552c20a0f5861770ad2143021386fa7c2efa9a61eb7eace9f511d722591c91","source_id":"us-ky","stale":false,"prev":"us-ky/krs-271b.6-250","next":"us-ky/krs-271b.6-270"},"notice":"GroundRules: Original legal text. Not legal advice."}