Resignation and removal of officers
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) The board of directors may remove an officer at any time with or without cause.
(2) An officer of a limited cooperative association may resign at any time by giving notice in a record to the association. Unless the notice specifies a later time, the resignation is effective when the notice is given.
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.