Ky. Rev. Stat. § 272A.5-140

Current through 2024 Ky. Acts ch.225
Section 272A.5-140 - Action without a meeting
(1) Unless the organic rules require that action be taken only at a members meeting, any action that may be taken by the members may be taken without a meeting if each member entitled to vote on the action consents in a record to the action.
(2) Consent under subsection (1) of this section may be withdrawn by a member in a record at any time before the limited cooperative association receives a consent from each member entitled to vote.
(3) Consent to any action may specify the effective date or time of the action.

KRS 272A.5-140

Added by 2012 Ky. Acts ch. 160,§ 43, eff. 7/11/2012.