{"data":{"id":"us-ky/krs-272a.1-060","jurisdiction":"us-ky","citation":"KRS 272A.1-060","heading":"Powers.","body":"(1) A limited cooperative association may sue and be sued in its own name and do all\nthings necessary or convenient to carry on its activities.\n(2) An association may maintain an action against a member for harm caused to the\nassociation by the member's violat ion of a duty to the association or of the organic\nlaw or organic rules.\n(3) A member of a limited cooperative association shall not be a proper party to a\nproceeding by or against a limited cooperative association, solely by reason of being\na member of th e limited cooperative association, except if the object of the\nproceeding is to enforce a member's right against or liability to the limited\ncooperative association or as otherwise provided in an operating agreement.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40982","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:21Z","sha256":"8705bc9439b80104c6ebfddaf2b7ddb40e5d6097294ffcd390fd93c627438bbd","source_id":"us-ky","stale":false,"prev":"us-ky/krs-272a.1-050","next":"us-ky/krs-272a.1-070"},"notice":"GroundRules: Original legal text. Not legal advice."}