Ky. Rev. Stat. § 275.020

Current through Acts Received April 24, 2024
Section 275.020 - Procedure for forming limited liability company
(1) One (1) or more persons may serve as the organizer and form a limited liability company by delivering articles of organization to the Secretary of State for filing. It shall not be necessary that the person or persons be members of the limited liability company.
(2) Unless a delayed effective date is specified, the existence of the limited liability company shall begin when the articles of organization are filed by the Secretary of State. If a delayed effective date is specified, the existence of the limited liability company shall begin when the articles of organization are effective as specified in KRS 14A.2-070.
(3) The Secretary of State's filing of the articles of organization shall be conclusive proof that the organizer or organizers satisfied all conditions precedent to organization, except in a proceeding by the state to cancel or revoke the organization or involuntarily dissolve the limited liability company.

KRS 275.020

Effective:1/1/2011
Repealed and reenacted 2010, Ky. Acts ch. 51, sec. 94, effective 7/15/2010; and amended ch. 151, sec. 141, effective1/1/2011. -- Amended 2007, Ky. Acts ch. 137, sec. 94, effective 6/26/2007. -- Amended 1998, Ky. Acts ch. 341, sec. 22, effective 7/15/1998. -- Created 1994 Ky. Acts ch. 389, sec. 4, effective 7/15/1994.