(1) After the filing of articles of incorporation, an organization meeting of the board of directors named in the articles of incorporation shall be held, either within or without this state, at the call of a majority of the incorporators, for the purpose of adopting bylaws, electing officers and the transaction of such other business as may come before the meeting. The incorporators calling the meeting shall give at least three (3) days’ notice thereof by mail to each director so named, which notice shall state the time and place of the meeting.
(2) A first meeting of the members may be held at the call of the directors, or a majority of them, upon at least three (3) days’ notice, for such purposes as shall be stated in the notice of the meeting.
Effective: January 1, 1989
History: Amended 1988 Ky. Acts ch. 23, sec. 201, effective January 1, 1989. — Created
1968 Ky. Acts ch. 165, sec. 31.