A majority of the organizers or initial directors of a limited cooperative association that has not yet begun business activity or the conduct of its affairs may dissolve the association.
KRS 272A.12-040
Voluntary dissolution before commencement of activity
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.