Members -- Becoming a 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
(1) To begin business, a limited cooperative association shall have at least two (2) patron members unless the sole member is a cooperative.
(2) A person becomes a member:
(a) As provided in the organic rules;
(b) As the result of a merger or conversion under Subchapter 16 of this chapter; or (c) With the consent of all the members.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.