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Code · Kentucky · Chapter 275 — Limited liability companies

275.510 Articles of share exchange.

91 words·~1 min read·/ky/chapter-275/275-510

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

(1)After a plan of share exchange has been approved in accordance with KRS 275.505,
the acquiring limited liability company shall deliver to the Secretary of State, for
filing, the articles of share exchange setting forth:
(a)The plan of share exchange; and
(b)A statement that the plan of share exchange was duly authorized and approved
by each of the constituent business entities in accordance with the laws
applicable to each business entity.
(2)A share exchange shall take effect upon the effective date of the articles of share
exchange.
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