279.410 Amendment of articles of incorporation.
198 words·~1 min read·
/ky/chapter-279/279-410A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)A cooperative may amend its articles of incorporation by complying with the
following requirements, provided, however, that a change of location of principal
office may be effected in the manner set forth in KRS 279.420. The proposed
amendment shall be presented to a meeting of the members, the notice of which
shall set forth or have attached thereto the proposed amendment. If the proposed
amendment, with any changes, is approved by the affirmative vote of not less than
two-thirds (2/3) of those members voting thereon at such meeting, articles of
amendment shall be executed and acknowledged on behalf of the cooperative by its
president or vice president and its seal shall be affixed thereto and attested by its
secretary. The articles of amendment shall recite that they are executed pursuant to
this section and shall state:
(a)The name of the cooperative;
(b)The address of its principal office; and
(c)The amendment to its articles of incorporation.
(2)The president or vice president executing such articles of amendment shall make
and annex thereto an affidavit stating that the provisions of this section in respect of
the amendment set forth in such articles were duly complied with.