273A.095 Selection of managers -- Management rights of managers. Except as otherwise provided in this chapter or the governing principles: (1) Only the members may select a manager or managers; (2) A manager may be a member or a nonmember; (3) If a manager is not selected, all members are managers; (4) Each manager has equal rights in the management and conduct of the association's activities; (5) All matters relating to the association's activities shall be decided by its managers except for matters reserved for approval by members in KRS 273A.065; and (6) A difference among managers shall be decided by a majority of the managers. Effective: June 24, 2015 History: Created 2015 Ky. Acts ch. 34, sec. 30, effective June 24, 2015.
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