272.042 KRS provisions applicable to various cooperative corporation organizations.

KY Rev Stat § 272.042 (2019) (N/A)
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272.042 KRS provisions applicable to various cooperative corporation organizations. Unless otherwise provided in KRS 272.010(1) and KRS 272.020 to 272.044, a cooperative corporation organized with shares shall be subject to the provisions of KRS Chapter 271B, and a cooperative corporation organized with memberships and operated on a nonprofit basis shall be subject to the provisions of KRS 273.161 to 273.390. Effective: January 1, 2011 History: Amended 2010 Ky. Acts ch. 151, sec. 137, effective January 1, 2011. -- Created 1986 Ky. Acts ch. 393, sec. 5, effective July 15, 1986.