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Kentucky Revised Statutes · § 273A.075 — Duties of members

273A.075. Duties of members

(1) A member shall not have a fiduciary duty to an unincorporated nonprofit association or to another member solely by being a member.

(2) A member shall discharge any duties to the unincorporated nonprofit association and the other members and exercise any rights under this chapter consistent with the governing principles and the obligation of good faith and fair dealing.

Source notes

Effective: June 24, 2015

History and annotations

Created 2015 Ky. Acts ch. 34, sec. 26, effective June 24, 2015.

Official source for this version

Source captured 2026-09-25. Open the official source.

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