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2009 Kentucky Revised Statutes
Subtitle 32. Nonprofit Hospital, Medical-Surgical, Dental and Health Service Corporations
304.32.070 Management.

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304.32-070 Management. The property and lawful business of every corporation subject to the provisions of this <br>subtitle shall be held and managed by a governing board of trustees or directors with such <br>powers and authority as shall be necessary or instrumental to the complete execution of <br>purposes of each corporation as limited by its articles of incorporation and bylaws. The <br>number of directors of such corporation shall not be less than ten (10), and subject to such <br>limitation, the number of directors shall be fixed by the bylaws, except as to the number <br>of the first board of directors, which shall be fixed by the articles of incorporation. Effective: June 18, 1970 <br>History: Created 1970 Ky. Acts ch. 301, subtit. 32, sec. 7, effective June 18, 1970.

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