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273.377 Member action without meeting.
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Any action required by KRS 273.161 to 273.390 to be taken at a meeting of the
members of a corporation, or any action which may be taken at a meeting of the
members, may be taken without a meeting if a consent in writing, setting forth the
action so taken, shall be signed by all of the members entitled to vote with respect
to the subject matter thereof.
The action taken under this section shall be evidenced by one (1) or more written
consents describing the action taken, signed by the members taking the action, and
delivered to the corporation for inclusion in the minutes or filing with the corporate
records.
Action taken under this section shall be effective when consents representing the
votes necessary to take the action under this section are delivered to the corporation,
or upon delivery of the consents representing the necessary votes, as of a different
date if specified in the consent.
Any member giving a consent may revoke the consent by a writing received by the
corporation prior to the time that consents representing the votes required to take
the action under this section have been delivered to the corporation but may not do
so thereafter.
A consent signed under this section shall have the effect of a meeting vote and may
be described as such in any document.
Effective: June 24, 2015
History: Amended 2015 Ky. Acts ch. 34, sec. 75, effective June 24, 2015. -- Created
1968 Ky. Acts ch. 165, sec. 67.
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