272.470 Referendum on action of board of directors. Upon demand of one -third (1/3) of the entire board of directors any matter that has been approved or passed by the board must be referred to the entire membership for decision at the next special or regular meeting; provided, however, that a special meetin g may be called for that purpose. History: Created 1942 Ky. Acts ch. 88, sec. 13.
Kentucky Legal Code