{"data":{"id":"us-ky/krs-272a.13-010","jurisdiction":"us-ky","citation":"KRS 272A.13-010","heading":"Derivative actions.","body":"A member may maintain a derivative action to enforce a right of a limited cooperative\nassociation if:\n(1) The member demands that the association bring an action to enforce the right; and\n(2) Any of the following occur:\n(a) The association does not, within  ninety (90) days after the member makes the\ndemand, agree to bring the action;\n(b) The association notifies the member that it has rejected the demand;\n(c) Irreparable harm to the association would result by waiting ninety (90) days\nafter the member makes the demand; or\n(d) The association agrees to bring an action demanded and fails to bring the\naction within a reasonable time.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=41075","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:23Z","sha256":"c22ac915a569ead67608d3f965d28867627b22322878124b871d95f46a8ce3d5","source_id":"us-ky","stale":false,"prev":"us-ky/krs-272a.12-110","next":"us-ky/krs-272a.13-020"},"notice":"GroundRules: Original legal text. Not legal advice."}
