KRS 299.110: Election of officers.

At the stated meeting for the election of officers, trustees, directors or managers, an

attendance of a majority of the persons entitled to vote at the meeting shall not be

necessary for a quorum. A failure to elect on the day designated for the meeting sh all not

dissolve a company, but the election may be held on a subsequent day on the same notice

as required for the stated meeting. A newspaper publication of a bylaw regulating an

election shall not be necessary to its validity.