Kentucky Statutes 272A.8-140 – Waiver of notice of meeting
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(1) Unless the organic rules otherwise provide, a director may waive any required notice of a meeting of the board of directors in a record before, during, or after the meeting.
(2) Unless the organic rules otherwise provide, a director’s participation in a meeting is a waiver of notice of that meeting unless:
(a) The director objects to the meeting at the beginning of the meeting or promptly upon the director’s arrival at the meeting and does not thereafter vote in favor of or otherwise assent to the action taken at the meeting; or
(b) The director promptly objects upon the introduction of any matter for which notice under KRS § 272A.8-130 has not been given and does not thereafter vote in favor of or otherwise assent to the action taken on the matter.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 160, sec. 67, effective July 12, 2012.
(2) Unless the organic rules otherwise provide, a director’s participation in a meeting is a waiver of notice of that meeting unless:
Terms Used In Kentucky Statutes 272A.8-140
- Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
- Director: means a director of a limited cooperative association. See Kentucky Statutes 272A.1-020
- Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
(a) The director objects to the meeting at the beginning of the meeting or promptly upon the director’s arrival at the meeting and does not thereafter vote in favor of or otherwise assent to the action taken at the meeting; or
(b) The director promptly objects upon the introduction of any matter for which notice under KRS § 272A.8-130 has not been given and does not thereafter vote in favor of or otherwise assent to the action taken on the matter.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 160, sec. 67, effective July 12, 2012.