KRS 271B.14-330: Decree of dissolution.

(1) If after a hearing the court determines that one (1) or more grounds for judicial

dissolution described in KRS 271B.14 -300 exist, it may enter a decree dissolving

the corporation, and the clerk of the court shall deliver a certified copy of the decree

to the Secretary of State, who shall file it. The dissolution shall be effective upon

the latter of the filing of the decree by the Secretary of State or such later date as is

specified in the decree.

(2) The effect of the dissolution shall be as set forth in KRS 271B.14-050.

(3) After entering the decree of dissolution, the court shall direct the winding up and

liquidation of the corporation's business and affairs, including as provided in KRS

271B.14-320, and the notification of claimants in accordance with K RS 271B.14-

060 and 271B.14-070.