273.293 Merger or consolidation of domestic and foreign corporations and limited
209 words·~1 min read·
/ky/273-293A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
liability companies.
(1)One
(1)or more domestic corporations, a domestic corporation and a domestic
limited liability company, and one
(1)or more foreign corporations of the type that
may be organized under KRS 273.161 to 273.390 or KRS Chapter 275 may be
merged into one
(1)of such domestic corporations, or consolidated into a new
corporation to be formed under KRS 273.161 to 273.390, provided that the foreign
corporation or corporations are authorized by the laws of the government under
which they were formed to effect such merger or consolidation. Each domestic
corporation or limited liability company shall comply with the provisions of KRS
273.161 to 273.390 with respect to the merger or consolidation, as the case may be,
of domestic corporations, limited liability companies and each foreign corporation
shall comply with the applicable provisions of the laws of the state under which it is
organized and of this state.
(2)After approval by the members, or if there be no members entitled to vote thereon,
by the board of directors, and at any time prior to the filing of the articles of merger
or consolidation, the merger or consolidation may be abandoned pursuant to
provisions therefor, if any, set forth in the plan of merger or consolidation.