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2018 Kentucky Revised Statutes
CHAPTER 272A - KENTUCKY UNIFORM LIMITED COOPERATIVE ASSOCIATION ACT
Subchapter 8 - Board of Directors -- Officers
272A.8-190 Other considerations of directors.

Universal Citation: KY Rev Stat § 272A.8-190 (2018)
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272A.8-190 Other considerations of directors. Unless the articles of association otherwise provide, in considering the best interests of a limited cooperative association, in discharging the duties of director, in conjunction with considering the long- and short-term interest of the association and its patron members, a director may consider: (1) The interest of employees, customers, and suppliers of the association; (2) The interest of the community in which the association operates; and (3) Other cooperative principles and values that may be applied in the context of the decision. Effective: July 12, 2012 History: Created 2012 Ky. Acts ch. 160, sec. 72, effective July 12, 2012.
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