Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 299.110.Election of officers

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.