{"data":{"id":"us-ky/krs-272a.8-050","jurisdiction":"us-ky","citation":"KRS 272A.8-050","heading":"Term of directors.","body":"(1) Unless the organic rules otherwise provide, and subject to subsections (3) and (4) of\nthis section and KRS 272A.3 -020(5), the term of a director expires at the annual\nmembers meeting following the director's election or appointment. The term of a\ndirector may not exceed three (3) years.\n(2) Unless the organic rules otherwise provide, a director may be reelected.\n(3) Except as otherwise provided in subsection (4) of this section, a director continues\nto serve until a successor director is elected or appointe d and qualifies or the\ndirector is removed, resigns, is adjudged incompetent, or dies.\n(4) Unless the organic rules otherwise provide, a director does not serve the remainder\nof the director's term if the director ceases to qualify to be a director.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=41034","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:22Z","sha256":"b59d2cc753e527251e6e900fb658358e74bfd5aad62bdfc3b5efafa6bc1b854e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-272a.8-040","next":"us-ky/krs-272a.8-060"},"notice":"GroundRules: Original legal text. Not legal advice."}