KRS § 272.030 Reserve fund.
A cooperative corporation may create a reserve fund if approved by at least two-thirds of the stockholders or members, after paying a fixed dividend and before profits are prorated.
- Jurisdiction
- United States — Kentucky
- Instrument
- Act or statute
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- Undated source snapshot
- Language
- en
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profit allocation reserve funds
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KRS § 272.030 Reserve fund.
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