Kentucky Statutes 273A.065 – Approval by members
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(1) Except as otherwise provided in the governing principles, an unincorporated nonprofit association shall have the approval of its members to:
(a) Admit, suspend, dismiss, or expel a member; (b) Select or dismiss a manager;
(c) Adopt, amend, or repeal the governing principles;
(d) Sell, lease, exchange, or otherwise dispose of all, or substantially all, of the association’s property, with or without the association’s goodwill, outside the ordinary course of its activities;
(e) Dissolve under KRS § 273A.125(1)(b);
(f) Undertake any other act outside the ordinary course of the association’s activities; or
(g) Determine the policy and purposes of the association.
(2) An unincorporated nonprofit association shall have the approval of the members to do any other act or exercise a right that the governing principles require to be approved by members.
Effective: June 24, 2015
History: Created 2015 Ky. Acts ch. 34, sec. 24, effective June 24, 2015.
(a) Admit, suspend, dismiss, or expel a member; (b) Select or dismiss a manager;
Terms Used In Kentucky Statutes 273A.065
- Governing principles: means the agreements, whether oral, in a record, or implied from its established practices, that govern the purpose or operation of an unincorporated nonprofit association and the rights and obligations of its members and manager. See Kentucky Statutes 273A.005
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Manager: means a person that is responsible, whether alone or in concert with others, for the management of an unincorporated nonprofit association. See Kentucky Statutes 273A.005
- Member: means a person that, under the governing principles, may participate in the selection of persons authorized to manage the affairs of the unincorporated nonprofit association or in the development of the policies and activities of the association. See Kentucky Statutes 273A.005
- Unincorporated nonprofit association: means an unincorporated organization consisting of two (2) or more members joined under an agreement that is oral, in a record, or implied from conduct, for one (1) or more common, nonprofit purposes. See Kentucky Statutes 273A.005
(c) Adopt, amend, or repeal the governing principles;
(d) Sell, lease, exchange, or otherwise dispose of all, or substantially all, of the association’s property, with or without the association’s goodwill, outside the ordinary course of its activities;
(e) Dissolve under KRS § 273A.125(1)(b);
(f) Undertake any other act outside the ordinary course of the association’s activities; or
(g) Determine the policy and purposes of the association.
(2) An unincorporated nonprofit association shall have the approval of the members to do any other act or exercise a right that the governing principles require to be approved by members.
Effective: June 24, 2015
History: Created 2015 Ky. Acts ch. 34, sec. 24, effective June 24, 2015.