KRS § 155.140 Required earned surplus.
Each year, the corporation must set aside at least 10% of the prior year’s net earnings as earned surplus until the surplus reaches one-half of the paid-in capital stock.
- Jurisdiction
- United States — Kentucky
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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capital maintenance earnings allocation surplus reserve
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KRS § 155.140 Required earned surplus.
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