299.110 Election of officers.
86 words·~1 min read·
/ky/chapter-299/299-110A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
At the stated meeting for the election of officers, trustees, directors or managers, an attendance of a majority of the persons entitled to vote at the meeting shall not be necessary for a quorum. A failure to elect on the day designated for the meeting shall not dissolve a company, but the election may be held on a subsequent day on the same notice as required for the stated meeting. A newspaper publication of a bylaw regulating an election shall not be necessary to its validity.