Section 273.227 - Officers(1) A corporation shall have the officers described in its bylaws or appointed by the board of directors in accordance with the bylaws.(2) A duly appointed officer may appoint one (1) or more officers or assistant officers if authorized by the bylaws or the board of directors.(3) The bylaws or the board of directors shall delegate to one (1) of the officers responsibility for preparing minutes of the directors' and members' meetings and for authenticating records of the corporation.(4) The same individual may simultaneously hold more than one (1) office in a corporation.(5) Each officer shall be elected or appointed at such time and in such manner and for such terms not exceeding three (3) years as may be prescribed in the articles of incorporation or the bylaws. In the absence of any such provision, all officers shall be elected or appointed annually by the board of directors.(6) The articles of incorporation or the bylaws may provide that any one (1) or more officers of the corporation shall be ex officio members of the board of directors.(7) Every officer of a corporation, by acceptance of election or appointment as an officer, including by service, shall be deemed to have consented to the jurisdiction of the courts of the Commonwealth of Kentucky for any action by, in the name of, or on behalf of the corporation.Effective:6/24/2015
Amended 2015 Ky. Acts ch. 34, sec. 51, effective6/24/2015. -- Amended 2012 Ky. Acts ch. 81, sec. 101, effective 7/12/2012. -- Amended 1988 Ky. Acts ch. 23, sec. 197, effective 1/1/1989. -- Created 1968 Ky. Acts ch. 165, sec. 22.