KRS 272A.1-060: Powers.

(1) A limited cooperative association may sue and be sued in its own name and do all

things necessary or convenient to carry on its activities.

(2) An association may maintain an action against a member for harm caused to the

association by the member's violat ion of a duty to the association or of the organic

law or organic rules.

(3) A member of a limited cooperative association shall not be a proper party to a

proceeding by or against a limited cooperative association, solely by reason of being

a member of th e limited cooperative association, except if the object of the

proceeding is to enforce a member's right against or liability to the limited

cooperative association or as otherwise provided in an operating agreement.