Kentucky Constitution
Article Corporations, § 205 — Forfeiture of corporate charters in case of abuse or detrimental use
Kentucky Const. art. Corporations, § 205
Kentucky Const. art. Corporations, § 205 (Forfeiture of corporate charters in case of abuse or detrimental use) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
JurisdictionKentuckyDocumentConstitution
ArticleCorporations
Section§ 205
CitationKentucky Const. art. Corporations, § 205
Bluebook
Ky. Const. art. Corporations, § 205.
Full Text
The General Assembly shall, by general laws, provide for the revocation or forfeiture of the charters of all corporations guilty of abuse or misuse of their corporate powers, privileges or franchises, or whenever said corporations become detrimental to the interest and welfare of the Commonwealth or its citizens.
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History
Text as Ratified on: August 3, 1891, and revised September 28, 1891. History: Not yet amended.