273A.125 Dissolution.
120 words·~1 min read·
/ky/chapter-273a/273a-125A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)An unincorporated nonprofit association may be dissolved as follows:
(a)If the governing principles provide a time or method for dissolution, at that
time or by that method;
(b)If the governing principles do not provide a time or method for dissolution,
upon approval by the members;
(c)If no member can be located and the association's operations have been
discontinued for at least three
(3)years, by the managers or, if the association
has no current manager, by its last manager;
(d)By court order; or
(e)Under law other than this chapter.
(2)After dissolution, an unincorporated nonprofit association continues in existence
until its activities have been wound up and it is terminated pursuant to KRS
273A.130.