Ky. Rev. Stat. § 275.505

Current through 2024 Ky. Acts ch.225

Section 275.505 - Approval of plan of share exchange

(1) Unless otherwise provided in a written operating agreement, the plan of share exchange described in KRS 275.500 shall be considered for adoption by the members of the limited liability company.

(2) Each business entity that is a party to the share exchange shall approve the plan of share exchange in the manner and by the vote required by the laws applicable to the business entity.

KRS 275.505

Effective:7/15/2010
Repealed and reenacted 2010, Ky. Acts ch. 51, sec. 6, effective7/15/2010. -- Created 2007, Ky. Acts ch. 137, sec. 6, effective 6/26/2007.