272.261 Removal of officers or directors -- Procedure.

279 words·~1 min read·/ky/chapter-272/272-261

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Any member may bring charges against an officer or director by filing them in

writing with the secretary of the association, together with a petition signed by ten

percent (10%) of the membership, requesting the officer's or director's removal. The

removal shall be voted upon at the next regular or special meeting of the

association. By an affirmative vote of not less than two-thirds (2/3) of the votes

entitled to be cast by members present in person, or by proxy (if permitted by the

bylaws), and voting, the association may remove such officer or director. The

director or officer against whom such charges have been brought shall be informed

in writing of the charges prior to the meeting, and shall have an opportunity at the

meeting to be heard in person or by counsel, and to present witnesses; and, the

person, or persons, bringing the charges shall have the same opportunity.

(2)If an association's bylaws provide for election of directors by districts, the petition

for removal of a director must be signed by not less than twenty percent (20%) of

the members residing in the district from which the director was elected. The board

may call a special meeting of the members residing in that district to consider the

removal of the director. By an affirmative vote of not less than two-thirds (2/3) of

the votes entitled to be cast by members present in person, or by proxy (if permitted

by the bylaws), and voting, at such meeting duly called and held, the director in

question shall be removed from office; except that this section does not apply to

directors appointed under subsection

(3)of KRS 272.171.