KRS 271B.6-220: Liability of shareholders.

(1) A purchaser from a corporation of its own shares shall not be liable to the

corporation or its creditors with respect to the shares except to pay the consideration

for which the shares were authorized to be issued or specified in the subscription

agreement.

(2) Unless otherwise provided in the articles of incorporation, a shareholder of a

corporation shall not be personally liable for the acts or debts of the corporation

except that he or she may become personally liable by reason of his own acts or

conduct.

(3) That a corporation has a single shareholder is not a basis for setting aside the rule

recited in subsection (2) of this section.