KRS 272A.10-050: Distributions.
Where this section sits in the code
(1) Unless the organic rules otherwise provide and subject to KRS 272A.10 -070, the
board of directors may authorize, and the limited cooperative association may make,
distributions to members.
(2) Unless the organic rules otherwise provide, distributions to me mbers may be made
in any form, including money, capital credits, allocated patronage equities,
revolving fund certificates, and the limited cooperative association's own or other
securities.
Collected 2026-09-05T20:53:22Z. Source file · JSON