2018 Kentucky Revised Statutes
CHAPTER 272A - KENTUCKY UNIFORM LIMITED COOPERATIVE ASSOCIATION ACT
Subchapter 8 - Board of Directors -- Officers
272A.8-090 Vacancy on board.


Download as PDF
272A.8-090 Vacancy on board. (1) (2) (3) Unless the organic rules otherwise provide, a vacancy on the board of directors shall be filled: (a) Within a reasonable time by majority vote of the remaining directors until the next annual members meeting or a special meeting of members called to fill the vacancy; and (b) For the unexpired term by members at the next annual members meeting or a special meeting of members called to fill the vacancy. Unless the organic rules otherwise provide, if a vacating director was elected or appointed by a class of members or a district: (a) The new director shall be of that class or district; and (b) The selection of the director for the unexpired term shall be conducted in the same manner as would the selection for that position without a vacancy. If a member appointed a vacating director, the organic rules may provide for that member to appoint a director to fill the vacancy. Effective: July 12, 2012 History: Created 2012 Ky. Acts ch. 160, sec. 62, effective July 12, 2012.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.