275.160 Operations outside Kentucky -- Kentucky law controlling in cases of

168 words·~1 min read·/ky/275-160

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

conflict.

(1)A limited liability company may conduct its business, carry on its operations, and

exercise the power granted by this chapter in any state or in any foreign country.

(2)The personal liability of members, managers, employees, and agents of a limited

liability company to any person or in any action or proceeding for the debts,

obligations, or liabilities of a limited liability company or for the acts of omissions

of other members, managers, employees, or agents of a limited company shall be

governed solely and exclusively by this chapter and the laws of this

Commonwealth. When a conflict arises between the law of this state and the laws of

any other state with regard to the liability of the members of the limited liability

company for the debts, obligations, and liabilities of the limited liability company,

or of the acts or omissions of other members, managers, employees, or agents of the

limited liability company, this Commonwealth's law shall be deemed to govern in

determining the liability.