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Code · Kentucky · Chapter 273A — Kentucky uniform unincorporated nonprofit association act

273A.010 Entity -- Perpetual existence -- Powers.

81 words·~1 min read·/ky/chapter-273a/273a-010

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

(1)An unincorporated nonprofit association is a legal entity distinct from its members
and managers.
(2)An unincorporated nonprofit association shall have perpetual duration unless the
governing principles specify otherwise.
(3)An unincorporated nonprofit association shall have the same powers as an
individual to do all things necessary or convenient to carry on its purposes.
(4)An unincorporated nonprofit association may engage in profit-making activities, but
profits from any activities shall be used or set aside for the association's nonprofit
purposes.
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