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Kentucky · Snapshot 09/05/2026

KRS 272A.1-120: Required information.

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Where this section sits in the code

    (1) Subject to subsection (2) of this section, a limited cooperative association shall

    maintain in a record available at its principal office:

    (a) A list containing the name, last known street address and, if different, mailing

    address, and term of office of each director and officer;

    (b) The initial articles of association and all amendments to and restatements of

    the articles, together with a signed copy of any power of attorney under which

    any article, amendment, or restatement has been signed;

    (c) The initial bylaws and all amendments to and restatements of the bylaws;

    (d) All filed articles of merger and statements of conversion;

    (e) All financial statements of the association for the six (6) most recent years;

    (f) The six (6) most recent annual reports del ivered by the association to the

    Secretary of State;

    (g) The minutes of members meetings for the six (6) most recent years;

    (h) Evidence of all actions taken by members without a meeting for the six (6)

    most recent years;

    (i) A list containing:

    1. The name , in alphabetical order, and last known street address and, if

    different, mailing address of each patron member and each investor

    member; and

    2. If the association has districts or classes of members, information from

    which each current member in a district or class may be identified;

    (j) The federal income tax returns, any state and local income tax returns, and any

    tax reports of the association for the six (6) most recent years;

    (k) Accounting records maintained by the association in the ordinary course of its

    operations for the six (6) most recent years;

    (l) The minutes of directors meetings for the six (6) most recent years;

    (m) Evidence of all actions taken by directors without a m eeting for the six (6)

    most recent years;

    (n) The amount of money contributed and agreed to be contributed by each

    member;

    (o) A description and statement of the agreed value of contributions other than

    money made and agreed to be made by each member;

    (p) The times at which, or events on the happening of which, any additional

    contribution is to be made by each member;

    (q) For each member, a description and statement of the member's interest or

    information from which the description and statement can be derived; and

    (r) All communications concerning the association made in a record to all

    members, or to all members in a district or class, for the six (6) most recent

    years.

    (2) If a limited cooperative association has existed for less than the period for which

    records must be maintained under subsection (1) of this section, the period records

    shall be kept is the period of the association's existence.

    Collected 2026-09-05T20:53:21Z. Source file · JSON

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