2020 Kentucky Revised Statutes
Chapter 273A - Kentucky uniform unincorporated nonprofit association act
273A.030 Liability for association debts and obligations.

Universal Citation: KY Rev Stat § 273A.030 (2020)

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273A.030 Liability for association debts and obligations. (1) (2) If the association has filed a certificate of association with the Secretary of State, a debt, obligation, or other liability of an unincorporated nonprofit association, whether arising in contract, tort, or otherwise accruing or arising after the filing of the certificate is: (a) Solely the debt, obligation, or other liability of the association; and (b) Not a debt, obligation, or other liability of a member or manager solely because the member acts as a member or the manager acts as a manager. Subsection (1) of this section shall not affect the liability of a member or manager of an association for his or her own negligence, wrongful acts, or misconduct. Effective: June 24, 2015 History: Created 2015 Ky. Acts ch. 34, sec. 17, effective June 24, 2015.
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