272A.15 -020 Member approval of other asset dispositions. A sale, lease, exchange, license, or other disposition of assets of a limited cooperative association, other than a disposition described in KRS 272A.15 -010, requires approval of the association's members under KRS 272A.15 -030 and 272A.15 -040 if the dispos ition leaves the association without significant continuing business activity. Effective: July 12, 2012 History: Created 2012 Ky. Acts ch. 160, sec. 107, effective July 12, 2012.
Kentucky Legal Code