247.370 Eligibility for membership in federation -- Powers of federation.
236 words·~1 min read·
/ky/chapter-247/247-370A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Every county farm bureau organized pursuant to KRS 247.250 shall be eligible to
membership in any said state federation, but after its admission to membership, said
federation shall have power to suspend its membership or expel it for failure to
comply with any bylaws or reasonable rule or regulation of the federation.
(2)Any said state federation shall have authority to:
(a)Adopt, amend and repeal bylaws and amendments thereto by two-thirds (2/3)
vote of the voting delegates voting at an annual convention;
(b)Assess annual membership dues against each county farm bureau, and base
the amount thereof on the number of paid-in memberships in each county
farm bureau;
(c)Acquire, own and hold property, pursuant to action of its board of directors, or
by its executive committee upon authorization or approval of its board of
directors;
(d)Borrow money and mortgage or pledge its property or assets by action of its
board of directors, or, by its executive committee, upon authorization or
approval of its board of directors;
(e)Accept gifts, devises and bequests, appropriate and expend its funds, pursuant
to action of its board of directors, or its executive committee, upon
authorization or approval by its board of directors, for the advancement of
agriculture and allied interests and for any purposes deemed advisable to carry
on its activities; and
(f)Do anything necessary to carry out the purpose for which it is organized.