Ky. Rev. Stat. » Chapter 273
Kentucky Revised Statutes

Ky. Rev. Stat. § 273.231 (2026)

Removal of officers

✓ current as of May 2026
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Any officer elected or appointed may be removed by the persons authorized to elect or appoint such officer whenever in their judgment the best interests of the corporation will be served thereby. The removal of an officer shall be without prejudice to the contract rights, if any, of the officer so removed. Election or appointment of an officer or agent shall not of itself create contract rights. History: Created 1968 Ky. Acts ch. 165, sec. 23.

Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2025–2025 · leading case: Frey v. Varghese (E.D. Ky. 2025).
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Frey v. Varghese (E.D. Ky. 2025). “See KRS 273.231. If the answer were otherwise, the interrelation of the parties would have prevented, on conflict grounds, an untold number of actions normally within the Board’s purview.”
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