Kentucky Statutes 272A.12-040 – Voluntary dissolution before commencement of activity
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A majority of the organizers or initial directors of a limited cooperative association that has not yet begun business activity or the conduct of its affairs may dissolve the association.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 160, sec. 91, effective July 12, 2012.
Effective: July 12, 2012
Terms Used In Kentucky Statutes 272A.12-040
- Cooperative: means a limited cooperative association or an entity organized under any cooperative law of any jurisdiction. See Kentucky Statutes 272A.1-020
- Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
History: Created 2012 Ky. Acts ch. 160, sec. 91, effective July 12, 2012.