A sale, lease, exchange, license, or other disposition of assets of a limited cooperative association, other than a disposition described in KRS 272A.15-010, requires approval of the association's members under KRS 272A.15-030 and 272A.15-040 if the disposition leaves the association without significant continuing business activity.
KRS 272A.15-020
Member approval of other asset dispositions
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.