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Tear up that Document!

March, 25, 2021

By

Thomas E, Rutledge, Member
Stoll Keenon Ogden, PLLC
(502) 560-4258
thomas.rutledge@skofirm.com

You may have received a “2021 Corporate Records Solicitation Form” from the “Kentucky Council For Corporations.” This official-looking document invites you to provide, as to a corporation, a listing of its shareholders, officers and directors, along with a filing fee of $150. This information is solicited as a way for the corporation to satisfy certain records maintenance obligations under the Kentucky Business Corporations Act.

Keep your $150 and toss the form. Your corporation should already have a list of the names and addresses of its directors, officers and shareholders. If not, please prepare one. Your list is not more official because you have sent it to the “Kentucky Council For Corporations” (whose address is in Lansing, Michigan).

By the way, the “Kentucky Council For Corporations” is itself out of compliance with Kentucky law governing corporations, so it is probably not the best source for compliance advice.

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Stoll Keenon Ogden understands that these are trying times for our clients and our country. Our firm operations have continued uninterrupted and our attorneys are equipped to serve as we always have – for more than 120 years.

The firm’s Business Services practice combines skilled practitioners, decades of experience and innovative solutions to help clients succeed in a complicated and turbulent marketplace.

Please also be sure to consult the Stoll Keenon Ogden Coronavirus Resource webpage for additional articles and information related to the latest information on new laws and directives enacted by federal, state, and local governments in response to the Coronavirus pandemic.