{"data":{"id":"us-ky/krs-304.32-070","jurisdiction":"us-ky","citation":"KRS 304.32-070","heading":"Management.","body":"The property and lawful business of every corporation subject to the provisions of this\nsubtitle shall be held and managed by a governing board of trustees or directors with such\npowers and authority as shall be necessary or instrumental to the complete ex ecution of\npurposes of each corporation as limited by its articles of incorporation and bylaws. The\nnumber of directors of such corporation shall not be less than ten (10), and subject to such\nlimitation, the number of directors shall be fixed by the bylaw s, except as to the number\nof the first board of directors, which shall be fixed by the articles of incorporation.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=29765","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:53Z","sha256":"c459ba99419f4cf3d25200e3a3f0924a060f55e1d43e176361c2914fbb9b9b54","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.32-060","next":"us-ky/krs-304.32-080"},"notice":"GroundRules: Original legal text. Not legal advice."}