Kentucky Statutes 273A.095 – Selection of managers — Management rights of managers
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Except as otherwise provided in this chapter or the governing principles: (1) Only the members may select a manager or managers;
(2) A manager may be a member or a nonmember;
(3) If a manager is not selected, all members are managers;
(4) Each manager has equal rights in the management and conduct of the association’s activities;
(5) All matters relating to the association’s activities shall be decided by its managers except for matters reserved for approval by members in KRS § 273A.065; and
(6) A difference among managers shall be decided by a majority of the managers.
Effective: June 24, 2015
History: Created 2015 Ky. Acts ch. 34, sec. 30, effective June 24, 2015.
(2) A manager may be a member or a nonmember;
Terms Used In Kentucky Statutes 273A.095
- 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
- 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
(3) If a manager is not selected, all members are managers;
(4) Each manager has equal rights in the management and conduct of the association’s activities;
(5) All matters relating to the association’s activities shall be decided by its managers except for matters reserved for approval by members in KRS § 273A.065; and
(6) A difference among managers shall be decided by a majority of the managers.
Effective: June 24, 2015
History: Created 2015 Ky. Acts ch. 34, sec. 30, effective June 24, 2015.