05RS HB391

HB391

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HB 391 (BR 1522) - B. Montell

     AN ACT relating to corporations.
     Amend KRS 271B.10-010 and 271B.10-060 to allow an ordinary corporation to convert to a nonprofit, nonstock corporation under KRS Chapter 273.

HB 391 - AMENDMENTS


     HCS - Amend to additionally create a new section of KRS Chapter 273 to clarify the attributes, liabilities, and components that a converted corporation will carry forward into its nonprofit status.

     Feb 9-introduced in House
     Feb 10-to Judiciary (H)
     Feb 14-posted in committee
     Feb 24-reported favorably, 1st reading, to Calendar with Committee Substitute
     Feb 25-2nd reading, to Rules; recommitted to Appropriations and Revenue (H)


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