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KRS 273A.075

Duties of members

Known as the Kentucky Uniform Unincorporated Nonprofit Association Act

The act spans §§ 273–273 (33 sections).

Effective: June 24, 2015 History: Created 2015 Ky

(1) A member shall not have a fiduciary duty to an unincorporated nonprofit association or to another member solely by being a member.

(2) A member shall discharge any duties to the unincorporated nonprofit association and the other members and exercise any rights under this chapter consistent with the governing principles and the obligation of good faith and fair dealing.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.