155.060 First meeting. - Kentucky Statutes

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155.060 First meeting. (1) The first meeting of the corporation shall be called by a notice signed by three (3) or more of the incorporators, stating the time, place and purpose of the meeting, a copy
of which notice shall be mailed, or delivered, to each incorporator at least five (5)
days before the day appointed for the meeting. Said first meeting may be held
without such notice upon agreement in writing to that effect signed by all the
incorporators. There shall be recorded in the minutes of the meeting a copy of said
notice or of such unanimous agreement of the incorporators. (2) At such first meeting the incorporators shall organize by the choice, by ballot, of a temporary clerk, by the adoption of bylaws, by the election by ballot of directors,
and by action upon such other matters within the powers of the corporation as the
incorporators may see fit. The temporary clerk shall be sworn and shall make and
attest a record of the proceedings. Ten (10) of the incorporators shall be a quorum
for the transaction of business. Effective: March 21, 1960
History: Created 1960 Ky. Acts ch. 73, sec. 17, effective March 21, 1960.