Unless the organic rules provide for greater rights, if a member is dissociated because of death or is expelled by reason of being adjudged incompetent, the member's personal representative or other legal representative may exercise the rights of a transferee of the member's financial rights and, for purposes of settling the estate of a deceased member, may exercise the informational rights of a current member to obtain information under KRS 272A.5-040.
KRS 272A.11-030
Power of estate of member
Known as the Kentucky Uniform Limited Cooperative Association Act
The act spans §§ 272A.10-010 to 272A.9-010 (123 sections).
Effective: July 12, 2012 History: Created 2012 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.