Ky. Rev. Stat. § 272A.8-190

Current through 2024 Ky. Acts ch.225

Section 272A.8-190 - Other considerations of directors

Unless the articles of association otherwise provide, in considering the best interests of a limited cooperative association, in discharging the duties of director, in conjunction with considering the long- and short-term interest of the association and its patron members, a director may consider:

(1) The interest of employees, customers, and suppliers of the association;

(2) The interest of the community in which the association operates; and

(3) Other cooperative principles and values that may be applied in the context of the decision.

KRS 272A.8-190

Added by 2012 Ky. Acts ch. 160,§ 72, eff. 7/11/2012.