KRS 272A.8-170: Committees.

(1) Unless the organic rules otherwise provide, a board of directors may create one (1)

or more committees and appoint one (1) or more individuals to serve on a

committee.

(2) Unless the organic rules otherwise provide, an individual appointed to serve on a

committee of a limited cooperative association need not be a director or member.

(3) An individual who is not a director and is serving on a committee has the same

rights, duties, and obligations as a director serving on the committee.

(4) Unless the organic rules otherwise provide, each committee of a limited cooperative

association may exercise the powers delegated to it by the board of directors, but a

committee may not:

(a) Approve allocations or distributions, except according to a formula or method

prescribed by the board of directors;

(b) Approve or propose to the members action requiring approval of the

members; or

(c) Fill vacancies on the board of directors or any of its committees.