272.470 Referendum on action of board of directors.
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/ky/chapter-272/272-470A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Upon demand of one-third (1/3) of the entire board of directors any matter that has been approved or passed by the board must be referred to the entire membership for decision at the next special or regular meeting; provided, however, that a special meeting may be called for that purpose.