14A.2.140 Certificate of authorization. (Effective January 1, 2011) - Kentucky Statutes

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Page 1 of 1 14A.2-140 Certificate of authorization. (Effective January 1, 2011) (1) Anyone may apply to the Secretary of State to furnish a certificate of authorization for a foreign entity. (2) A certificate of authorization shall set forth: (a) The foreign entity's real name and, if applicable, its fictitious name as adopted for use in this Commonwealth; (b) That the foreign entity is authorized to transact business in this Commonwealth; (c) That all fees, taxes, and penalties owed to this Commonwealth have been paid, if:
1. Payment is reflected in the records of the Secretary of State; and 2. Nonpayment affects the authorization of the foreign entity to transact
business in this Commonwealth; (d) That its most recent annual report required by KRS 14A.6-010 or predecessor law has been filed by the Secretary of State; (e) That no certificate of withdrawal or document of similar import under prior law has been filed; and (f) Other facts of record in the office of the Secretary of State that may be requested by the applicant. (3) Subject to any qualification stated in the certificate, a certificate of authorization issued by the Secretary of State may be relied upon as conclusive evidence that the
foreign entity is authorized to transact business in this Commonwealth. (4) This section shall not apply to: (a) A foreign partnership; or
(b) A foreign rural telephone cooperative or foreign rural electric cooperative not obligated to qualify to transact business by filing an application for a
certificate of authority or document of similar import with the Secretary of
State. Effective: January 1, 2011
History: Created 2010 Ky. Acts ch. 151, sec. 21, effective January 1, 2011.