272.460 Removal of officer or director.
230 words·~1 min read·
/ky/chapter-272/272-460A 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 five
percent (5%) of the members, requesting the removal of the officer or director in
question. The removal shall be voted upon at the next regular or special meeting of
the association and, by a vote of a majority of the members, the association may
remove the officer or director and fill the vacancy. The director or officer against
whom such charges have been brought shall be informed in writing of the charges
previous 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 against him shall have the same opportunity.
(2)In case the bylaws provide for election of directors by districts with primary
elections in each district, then the petition of removal of a director must be signed
by twenty percent (20%) of the members residing in the district from which he was
elected. The board of directors must call a special meeting of the members residing
in that district to consider the removal of the director; and by a vote of the majority
of the members of that district, the director in question shall be removed from
office.