381.788 Declarant control period -- Surrender of declarant's control. (1) A declaration shall provide a declarant control period and specify the time and manner in which the declarant control period ends. (2) A declarant may surrender the right to ap point and remove officers and directors of the board and relinquish management and control of the association before termination of a declarant control period. Effective: June 29, 2023 History: Created 2023 Ky. Acts ch. 23, sec. 4, effective June 29, 2023.
Kentucky Legal Code