KRS § 273A.010 Entity -- Perpetual existence -- Powers.
An unincorporated nonprofit association is treated as a separate legal entity, has perpetual duration unless its governing principles say otherwise, has the powers of an individual for its purposes, and may do profit-making activities if the profits are used or set aside for nonprofit purposes.
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- Jurisdiction
- United States — Kentucky
- Instrument
- Act or statute
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
Citation provenance: source:global:stored-legal-sources · schema StatuteEnrichmentPublicV1.
entity status nonprofit activities perpetual existence powers
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KRS § 273A.010 Entity -- Perpetual existence -- Powers.
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