{"data":{"id":"us-ky/krs-273.187","jurisdiction":"us-ky","citation":"KRS 273.187","heading":"Members.","body":"(1) A corporation may have one (1) or more classes of members or may have no\nmembers. If the corporation has one (1) or more classes of members, the\ndesignation of such class or classes, the manner of election or appointment and the\nqualifications and rights o f the members of each class shall be set forth in the\narticles of incorporation or the bylaws. If the corporation has no members, that fact\nshall be set forth in the articles of incorporation or the bylaws. A corporation may\nissue certificates evidencing membership therein.\n(2) Unless otherwise provided in the articles of incorporation, a director, officer,\nemployee, or member of a corporation shall not be personally liable for the acts or\ndebts of the corporation, except that the member may become personal ly liable by\nreason of his or her own acts or conduct.","path":["KRS Chapter 273"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13621","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:23Z","sha256":"0e6aca2ccc96683435bb055fb030e0fe9af1da7c3a109e774752a909b772be0c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-273.185","next":"us-ky/krs-273.190"},"notice":"GroundRules: Original legal text. Not legal advice."}