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2016 Kentucky Revised Statutes
CHAPTER 272A - KENTUCKY UNIFORM LIMITED COOPERATIVE ASSOCIATION ACT
Subchapter 4 - Amendment of Organic Rules
272A.4-030 Method of voting on amendment of organic rules.

KY Rev Stat § 272A.4-030 (2016) What's This?

Download as PDF 272A.4-030 Method of voting on amendment of organic rules. (1) (2) (3) A substantive change to a proposed amendment of the organic rules may not be made at the members meeting at which a vote on the amendment occurs. A nonsubstantive change to a proposed amendment of the organic rules may be made at the members meeting at which the vote on the amendment occurs and need not be separately voted upon by the board of directors. A vote to adopt a nonsubstantive change to a proposed amendment to the organic rules shall be by the same percentage of votes required to pass a proposed amendment. Effective: July 12, 2012 History: Created 2012 Ky. Acts ch. 160, sec. 25, effective July 12, 2012.

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