{"data":{"id":"us-ky/krs-272a.8-010","jurisdiction":"us-ky","citation":"KRS 272A.8-010","heading":"Board of directors.","body":"(1) A limited cooperative association shall have a board of directors of at least three (3)\nindividuals, unless the association has fewer than three (3) members. If the\nassociation has fewer than three (3) members, the number of directors may not be\nfewer than the number of members.\n(2) The affairs of a limited cooperative association shall be managed by, or under the\ndirection of, the board of directors. The board may adopt policies and procedures\nthat do not conflict with the organic rules or this chapter.\n(3) An individual is not an agent for a limited cooperative association solely by being a\ndirector.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=41030","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:22Z","sha256":"1097f6829756d8bcdf6e75f7daaa9a37d9dd1baa5ce7f04bfbf2940c700d5996","source_id":"us-ky","stale":false,"prev":"us-ky/krs-272a.7-040","next":"us-ky/krs-272a.8-020"},"notice":"GroundRules: Original legal text. Not legal advice."}