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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) A member may resign as a member in accordance with the governing principles. In the absence of applicable governing principles, a member may resign at any time.
(2) Unless the governing principles provide otherwise, resignation 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 resignation.
(3) The governing principles may impose reasonable limitations upon the access to or use of any record of or information with respect to the unincorporated nonprofit association. Except as to limitations set forth in governing principles to which the member or manager requesting information has assented, the association bears the burden of proof in demonstrating the reasonableness of any restrictions imposed.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXIII. Private Corporations and Associations § 273A.085.Member resignation - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xxiii-private-corporations-and-associations/ky-rev-st-sect-273a-085/
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