155.100 Duration of membership -- Withdrawal. Membership in the corporation shall be for the duration of the corporation; provided that, (1) Upon written notice given to the corporation three (3) years in advance, a member may withdraw from membership in the corporation at the expiration date of such notice; (2) A member shall not be obligated to make any loans to the corporation pursuant to calls made subsequent to the notice of intention to withdraw of said member. Effective: March 21, 1960 History: Created 1960 Ky. Acts ch. 73, sec. 10, effective Ma rch 21, 1960.
Kentucky Legal Code