{"data":{"id":"us-ky/krs-273a.040","jurisdiction":"us-ky","citation":"KRS 273A.040","heading":"Judgment  against association.","body":"(1) A judgment or order against an unincorporated nonprofit association is not by\nitself a judgment or order against a member  or manager.\n(2) Pursuant to this chapter, a judgment creditor of an unincorporated nonprofit\nassociation shall not levy execution against the assets of a member  to satisfy a\njudgment based on a claim against the association unless:\n(a) A  judgment based on the same  claim has been obtained against the\nassociation and a writ of execution on the judgment has been returned\nunsatisfied in whole or in part;\n(b) The association is a debtor in bankruptcy;\n(c) The  member  has agreed that the creditor need not exhaust association\nassets; or\n(d) Liability is imposed on the member  by law or contract independent of the\nexistence of the association.\n(3) Subsection (2) of this section shall not apply to any judgment or order for which\nthe members  are not liable in accordance with KRS 273A.030(1).","path":["KRS Chapter 273A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=47080","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:25Z","sha256":"8743443772bed43507041c33d889e796fd9f97b578d33c572276516aed7d2a01","source_id":"us-ky","stale":false,"prev":"us-ky/krs-273a.035","next":"us-ky/krs-273a.045"},"notice":"GroundRules: Original legal text. Not legal advice."}
