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Kentucky · Snapshot 09/05/2026

KRS 272.181: Officers.

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  1. 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

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