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91.630 Capital of individuals and unincorporated companies, how assessed.

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91.630 Capital of individuals and unincorporated companies, how assessed. Whenever any person or association of persons not a corporation and not having capital <br>stock engages in this state in the business of a trust company or a guaranty or security <br>company, the capital and property, or the certificates or other evidences of right or <br>interest in the business or in the capital and property employed therein, shall be treated as <br>the capital stock of such person or association for the purposes of KRS 91.620 to 91.680, <br>in like manner as if such person or association were a corporation. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2984a-6.