Current through 2024 Ky. Acts ch.225
Section 272A.6-020 - Patron and investor members' interests(1) Unless the organic rules establish investor members' interests, a member's interest is a patron member's interest.(2) Unless the organic rules otherwise provide, if a limited cooperative association has investor members, while a person is a member of the association, the person: (a) If admitted as a patron member, remains a patron member;(b) If admitted as an investor member, remains an investor member; and(c) If admitted as a patron member and investor member, remains a patron and investor member if not dissociated in one (1) of the capacities.Added by 2012 Ky. Acts ch. 160,§ 46, eff. 7/11/2012.