There is a newer version of this Section
2022
2021
2020
2019
2018 (you are here)
Other previous versions
View our newest version here

2018 Kentucky Revised Statutes
CHAPTER 272A - KENTUCKY UNIFORM LIMITED COOPERATIVE ASSOCIATION ACT
Subchapter 8 - Board of Directors -- Officers
272A.8-150 Quorum.

Universal Citation: KY Rev Stat § 272A.8-150 (2018)
Previous Next

Download as PDF
272A.8-150 Quorum. (1) (2) (3) Unless the articles of association provide for a greater number, a majority of the total number of directors specified by the organic rules constitutes a quorum for a meeting of the directors. If a quorum of the board of directors is present at the beginning of a meeting, any action taken by the directors present is valid even if withdrawal of directors originally present results in the number of directors being fewer than the number required for a quorum. A director present at a meeting but objecting to notice under KRS 272A.8-140(2) does not count toward a quorum. Effective: July 12, 2012 History: Created 2012 Ky. Acts ch. 160, sec. 68, effective July 12, 2012.
Previous Next
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.