§ 272.010 Definitions
§ 272.020 Organization of cooperative corporation – Officers — Votes — Quorum
§ 272.030 Reserve fund
§ 272.040 Cooperative companies may adopt KRS 272.020 to 272.044 — Filing fee
§ 272.042 KRS provisions applicable to various cooperative corporation organizations
§ 272.044 Applicability of KRS 272.010(1) and 272.020 to 272.044
§ 272.1001 Definition of terms in KRS 272.101 to 272.341
§ 272.101 Purpose of law
§ 272.111 Association — Purposes
§ 272.121 Who may organize — Information as to probable success
§ 272.131 Articles of association, contents — Filing effect
§ 272.141 Amendments to articles, how made — Contents — Filing
§ 272.151 Bylaws, adoption, contents — Withdrawal of member — Rights — Amendment of bylaws
§ 272.161 Meetings, notice
§ 272.171 Board of directors — Election — Vacancies — Compensation — Executive committee — Action taken without meeting
§ 272.181 Officers
§ 272.191 Who may become members
§ 272.201 Membership certificate — Capital stock — Payment for — Voting rights — Purchase or redemption of stock
§ 272.203 Liability of shareholder or member
§ 272.205 Member may withdraw on amendment of articles
§ 272.211 Powers of association
§ 272.221 Exclusive contracts for agricultural products — Damages for violation — Injunctive relief — Notice to landlord or tenant
§ 272.231 Interest of association in other associations
§ 272.241 Sale, lease or exchange of all assets — Procedure — Mortgage or pledge of assets
§ 272.251 Contracts — Joint employment by associations
§ 272.261 Removal of officers or directors — Procedure
§ 272.281 Exemptions of members applicable to association
§ 272.285 Payment of small amounts due deceased member
§ 272.291 Unclaimed dividends, stocks, etc., disposal of
§ 272.295 Association not unlawful restraint of trade
§ 272.301 Merger of associations
§ 272.305 Consolidation of associations
§ 272.311 Merger or consolidation — Procedures — Articles to be filed and recorded — Contents — Effect
§ 272.315 Merger or consolidation with foreign associations, rights of members — Enforcement
§ 272.321 Member objecting to merger or consolidation to be paid for stock — Value, how fixed — Disposal of shares
§ 272.325 Dissolution of association — Procedure
§ 272.331 Association formed under prior law subject to this law — Rights
§ 272.333 KRS 136.060 not applicable to membership certificates, stock, or other evidence of member, shareholder or patron interest
§ 272.335 Foreign association doing business
§ 272.341 Association without capital stock subject to Chapter 271B
§ 272.345 Association personnel indemnified against personal liability — Compromise settlements — Prior approval — Payment of expenses and costs — Purchase of insurance
§ 272.360 Legislative policy as to cooperative livestock protective associations
§ 272.370 Who may organize
§ 272.380 Purpose of associations
§ 272.390 Articles of incorporation — What to set forth
§ 272.400 Amendments to articles
§ 272.410 Subscription and filing of articles — Fees
§ 272.420 Bylaws
§ 272.430 Meetings
§ 272.440 Board of directors
§ 272.450 Officers
§ 272.460 Removal of officer or director
§ 272.470 Referendum on action of board of directors
§ 272.480 Other corporations may become livestock protective associations — Procedure
§ 272.490 Members not liable for debts of association
§ 272.500 Department of Agriculture to assist in organizing associations
§ 272.510 Associations not subject to insurance laws
§ 272.990 Penalties
§ 272.991 Additional penalties for violation of KRS 506.010, 506.030, 506.040, 521.020, or 521.050

Terms Used In Kentucky Statutes > Chapter 272 - Cooperative Corporations and Associations

  • Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Animal: includes every warm-blooded living creature except a human being. See Kentucky Statutes 446.010
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Appraisal: A determination of property value.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attorney: means attorney-at-law. See Kentucky Statutes 446.010
  • Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
  • Docket: A log containing brief entries of court proceedings.
  • Domestic: when applied to a corporation, partnership, business trust, or limited liability company, means all those incorporated or formed by authority of this state. See Kentucky Statutes 446.010
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Executor: A male person named in a will to carry out the decedent
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Foreign: when applied to a corporation, partnership, limited partnership, business trust, statutory trust, or limited liability company, includes all those incorporated or formed by authority of any other state. See Kentucky Statutes 446.010
  • Fraud: Intentional deception resulting in injury to another.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Injunction: An order of the court prohibiting (or compelling) the performance of a specific act to prevent irreparable damage or injury.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Livestock: means cattle, sheep, swine, goats, horses, alpacas, llamas, buffaloes, or any other animals of the bovine, ovine, porcine, caprine, equine, or camelid species. See Kentucky Statutes 446.010
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Owner: when applied to any animal, means any person having a property interest in such animal. See Kentucky Statutes 446.010
  • Partnership: includes both general and limited partnerships. See Kentucky Statutes 446.010
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Presiding officer: A majority-party Senator who presides over the Senate and is charged with maintaining order and decorum, recognizing Members to speak, and interpreting the Senate's rules, practices and precedents.
  • Quorum: The number of legislators that must be present to do business.
  • real estate: includes lands, tenements, and hereditaments and all rights thereto and interest therein, other than a chattel interest. See Kentucky Statutes 446.010
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
  • Statute: A law passed by a legislature.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Sworn: includes "affirmed" in all cases in which an affirmation may be substituted for an oath. See Kentucky Statutes 446.010
  • Temporary restraining order: Prohibits a person from an action that is likely to cause irreparable harm. This differs from an injunction in that it may be granted immediately, without notice to the opposing party, and without a hearing. It is intended to last only until a hearing can be held.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Year: means calendar year. See Kentucky Statutes 446.010