{"data":{"id":"us-ky/krs-271b.10-200","jurisdiction":"us-ky","citation":"KRS 271B.10-200","heading":"Amendment  by board of directors or shareholders.","body":"(1) A  corporation's board of directors may  amend  or repeal the corporation's\nbylaws unless:\n(a) The articles of incorporation or this chapter reserve this power exclusively\nto the shareholders in whole or part; or\n(b) The  shareholders in amending or repealing a particular bylaw provide\nexpressly that the board of directors may not amend or repeal that bylaw.\n(2) A  corporation's shareholders may  amend  or repeal the corporation's bylaws\neven  though the bylaws may  also be amended  or repealed by its board of\ndirectors.\n(3) A shareholder of the corporation shall not have a vested property right resulting\nfrom any provision in the bylaws.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=47078","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:19Z","sha256":"823249a5ef0ef99f894d9882531cb87454dc3abaaebeb820c2864c93503137b7","source_id":"us-ky","stale":false,"prev":"us-ky/krs-271b.10-090","next":"us-ky/krs-271b.10-220"},"notice":"GroundRules: Original legal text. Not legal advice."}