Ky. Rev. Stat. § 274.019
Current through Acts Received April 24, 2024
No proxy for shares of a professional service corporation shall be valid unless it shall be given to a qualified person. A voting trust with respect to shares of a professional service corporation shall not be valid unless all the trustees and beneficiaries thereof are qualified persons, except that a voting trust may be validly continued for a period of ten (10) months after the death of a deceased beneficiary or for a period of five (5) months after a beneficiary has become a disqualified person.
KRS 274.019
Repealed and reenacted 2010, Ky. Acts ch. 51, sec. 89, effective7/15/2010. -- Amended 2007, Ky. Acts ch. 137, sec. 89, effective 6/26/2007. -- Created 1980 Ky. Acts ch. 288, sec. 1, effective 7/15/1980.