{"data":{"id":"us-ky/krs-271b.8-080","jurisdiction":"us-ky","citation":"KRS 271B.8-080","heading":"Removal of directors by shareholders.","body":"(1) The shareholders may remove one (1) or more directors with or without cause,\nunless the articles of incorporation provide that directors may be removed only for\ncause.\n(2) If a director is elected by a voting group of shareholders, only the shareholders of\nthat voting group may participate in the vote to remove him or her.\n(3) If cumulative voting is authorized, a director shall not be removed if the number of\nvotes sufficient to elect him or her under cumulative voting is voted against his or\nher removal. If cumulative voting is not authorized, a director shall be removed only\nif the number of votes cast to remove him or her exceeds the number of votes cast\nnot to remove him or her.\n(4) A director shall be removed by the shareholders only at a meeting calle d for the\npurpose of removing him or her, and the meeting notice shall state that the purpose,\nor one (1) of the purposes, of the meeting is removal of the director.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13379","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:19Z","sha256":"32e5823f1afb858ec41072ec9d59596e64d84ca9a621e3272ee5723f86bc249f","source_id":"us-ky","stale":false,"prev":"us-ky/krs-271b.8-070","next":"us-ky/krs-271b.8-100"},"notice":"GroundRules: Original legal text. Not legal advice."}