{"data":{"id":"us-ky/krs-272a.5-120","jurisdiction":"us-ky","citation":"KRS 272A.5-120","heading":"Voting requirements for members.","body":"If a limited cooperative association has both patron and investor members, the following\nrules apply:\n(1) The total voting power of all patron members may not be less than a majority of the\nentire voting power entitled to vote;\n(2) Action on any matter is approved only upon the affirmative vote of at least a\nmajority of:\n(a) All members voting at the meeting unless more than a majority is required by\nSubchapter 4, 12, 15, or 16 of this chapter or the organic rules; and\n(b) Votes cast by patron members unles s the organic rules require a larger\naffirmative vote by patron members; and\n(3) The organic rules may provide for the percentage of the affirmative votes that must\nbe cast by investor members to approve the matter.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=41017","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:22Z","sha256":"d905f3b35629910fae7f49483f012033b824eb37605621ecf011ab70a5d805a3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-272a.5-110","next":"us-ky/krs-272a.5-130"},"notice":"GroundRules: Original legal text. Not legal advice."}