Kentucky Statutes 381.793 – Quorum — Open board meetings — Standards for board directors
Current as of: 2024 | Check for updates
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(1) Unless the bylaws specify a larger percentage, a quorum of a board is established if fifty-one percent (51%) of the directors are present at the beginning of the meeting.
(2) Unless otherwise specified in the bylaws, board meetings shall be open to the owners except during executive sessions.
(3) A board director of an unincorporated association shall discharge his or her duties as an officer or member of the board or as a member of a committee in accordance with the standards set forth in KRS § 273.215 and KRS § 273.229.
Effective: June 29, 2023
History: Created 2023 Ky. Acts ch. 23, sec. 9, effective June 29, 2023.
(2) Unless otherwise specified in the bylaws, board meetings shall be open to the owners except during executive sessions.
Terms Used In Kentucky Statutes 381.793
- Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
- Quorum: The number of legislators that must be present to do business.
(3) A board director of an unincorporated association shall discharge his or her duties as an officer or member of the board or as a member of a committee in accordance with the standards set forth in KRS § 273.215 and KRS § 273.229.
Effective: June 29, 2023
History: Created 2023 Ky. Acts ch. 23, sec. 9, effective June 29, 2023.