247.240 County farm bureaus authorized. (1) A farm bureau may be incorporated in each county. (2) Farm bureaus may acquire, by gift or purchase, real and personal property and may exercise all powers necessary or convenient to successfully carry out the objects of farm bureaus. (3) Farm bureau cor porations shall not declare dividends. Effective: October 1, 1942 History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 42d -1, 42d -5, 42d -8.
Kentucky Legal Code