Kentucky Statutes 272A.5-070 – Notice of members meeting
Current as of: 2024 | Check for updates
|
Other versions
(1) A limited cooperative association shall notify each member of the time, date, and place of a members meeting at least ten (10) and not more than sixty (60) days before the meeting.
(2) Unless the articles of association otherwise provide, notice of an annual members meeting need not include any purpose of the meeting.
(3) Notice of a special meeting of members shall include each purpose of the meeting as contained in the demand under KRS § 272A.5-060(1)(c) or (d) or as voted upon by the board of directors under KRS § 272A.5-060(1)(b).
(4) Notice of a members meeting shall be given in a record unless oral notice is reasonable under the circumstances.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 160, sec. 36, effective July 12, 2012.
(2) Unless the articles of association otherwise provide, notice of an annual members meeting need not include any purpose of the meeting.
Terms Used In Kentucky Statutes 272A.5-070
- Articles of association: means the articles of association of a limited cooperative association required by KRS §. See Kentucky Statutes 272A.1-020
- Cooperative: means a limited cooperative association or an entity organized under any cooperative law of any jurisdiction. See Kentucky Statutes 272A.1-020
- Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
- Member: means a person that is admitted as a patron member or investor member, or both, in a limited cooperative association. See Kentucky Statutes 272A.1-020
- Members meeting: means an annual members meeting or special meeting of members. See Kentucky Statutes 272A.1-020
(3) Notice of a special meeting of members shall include each purpose of the meeting as contained in the demand under KRS § 272A.5-060(1)(c) or (d) or as voted upon by the board of directors under KRS § 272A.5-060(1)(b).
(4) Notice of a members meeting shall be given in a record unless oral notice is reasonable under the circumstances.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 160, sec. 36, effective July 12, 2012.