§ 272a-5-130

272A.5 -130 Manner of voting -- Proxies. (1) Unless the organic rules otherwise provide, voting by a proxy at a members meeting is prohibited. This subsection does not prohibit delegate voting based on district or class. (2) If voting by a proxy is permitted, a patron member may appoint only another patron member as a proxy and, if investor members are permitted, an investor member may appoint only another investor member as a proxy. (3) The organic rules may provide for the manner of and provisions governing the appointment of a proxy. (4) The organi c rules may provide for voting on any question by ballot delivered by mail or voting by other means on questions that are subject to vote by members. Effective: July 12, 2012 History: Created 2012 Ky. Acts ch. 160, sec. 42, effective July 12, 2012.