Ky. Rev. Stat. § 273A.095

Current through 2024 Ky. Acts ch.225
Section 273A.095 - Selection of managers - Management rights of managers

Except as otherwise provided in this chapter or the governing principles:

(1) Only the members may select a manager or managers;
(2) A manager may be a member or a nonmember;
(3) If a manager is not selected, all members are managers;
(4) Each manager has equal rights in the management and conduct of the association's activities;
(5) All matters relating to the association's activities shall be decided by its managers except for matters reserved for approval by members in KRS 273A.065; and
(6) A difference among managers shall be decided by a majority of the managers.

KRS 273A.095

Added by 2015 Ky. Acts ch. 34,§ 30, eff. 6/22/2015.