A director or a member of a committee appointed under KRS § 272A.8-170 may obtain, inspect, and copy all information regarding the state of activities and financial condition of the limited cooperative association and other information regarding the activities of the association if the information is reasonably related to the performance of the director’s duties as director or the committee member’s duties as a member of the committee. Information obtained in accordance with this section may not be used in any manner that would violate any duty of or to the association.
Effective: July 12, 2012
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Terms Used In Kentucky Statutes 272A.8-200

  • Cooperative: means a limited cooperative association or an entity organized under any cooperative law of any jurisdiction. See Kentucky Statutes 272A.1-020
  • Director: means a director of a limited cooperative association. See Kentucky Statutes 272A.1-020
  • 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
  • State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Kentucky Statutes 272A.1-020
  • Violate: includes failure to comply with. See Kentucky Statutes 446.010

History: Created 2012 Ky. Acts ch. 160, sec. 73, effective July 12, 2012.

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