When an amendment to the articles of incorporation is adopted pursuant to subsection (2) of KRS § 272.141, such an amendment shall be without prejudice to the right of any member or stockholder to withdraw from the association as permitted by subsection (2) of KRS § 272.151.
History: Created 1966 Ky. Acts ch. 208, sec. 7.

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Terms Used In Kentucky Statutes 272.205

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
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