273A.080 Admission, suspension, dismissal, or expulsion.
106 words·~1 min read·
/ky/chapter-273a/273a-080A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A person becomes a member and may be suspended, dismissed, or expelled in
accordance with the association's governing principles. If there are no applicable
governing principles, a person may become a member or be suspended, dismissed,
or expelled from an association only by a vote of its members. A person shall not be
admitted as a member without the person's consent.
(2)Unless the governing principles provide otherwise, the suspension, dismissal, or
expulsion of a member shall not relieve the member from any unpaid capital
contribution, dues, assessments, fees, or other obligation incurred or commitment
made by the member before the suspension, dismissal, or expulsion.