Section 203 (Repealed 2002) Catchline at time of repeal: "Liabilities under corporate franchise not released by lease or alienation." Repeal Ratified on: November 5, 2002 History: Repeal was proposed by 2002 Ky. Acts ch. 341, sec. 2; original version ratified August 3, 1891, and revised September 28, 1891.