KRS 272.181: Officers.
Where this section sits in the code
- KRS Chapter 272
The board shall elect from their number a president and one (1) or more vice presidents.
They shall also elect a secretary and a treasurer, who need not be directors or members of
the association. The two (2) offices of secretary and treasurer may be combined in one (1)
person. The treasurer may be a bank or other depository, and as such shall not be
considered as an officer but as a function of the board and the secretary shall perform the
usual accounting duties of the treasurer, except that the funds sha ll be deposited only as
authorized by the board. The bylaws of the association may authorize the creation and fix
the responsibilities of any other office. Every officer of a corporation, by acceptance of
election or appointment as an officer, including by service, shall be deemed to have
consented to the jurisdiction of the courts of the Commonwealth of Kentucky for any
action by, in the name of, or on behalf of the corporation.
Collected 2026-09-05T20:53:21Z. Source file · JSON