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Kentucky · Snapshot 09/05/2026

KRS 275.140: Effect of statements by members or managers.

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Where this section sits in the code
  1. KRS Chapter 275

(1) Except as provided in subsection (2) of this section, an admission, statement, or

representation made by any member concerning the business or affairs of a limited

liability company within the scope of the member's authority as provided for by this

chapter shall be evidence against the limited liability company.

(2) If the articles of organization provide that management of the limited liability

company is vested in a manager or managers:

(a) An admission, statement, or representation made by a manager concerning the

business or affairs of a limited liability company within the scope of the

manager's authority as provided for by this chapter shall be evidence against

the limited liability company; and

(b) The admission, statement, or representation of any me mber, acting solely in

the capacity of a member, shall not constitute evidence against the limited

liability company.

Collected 2026-09-05T20:53:27Z. Source file · JSON

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