GroundRules
← Search the law
Kentucky · Snapshot 09/05/2026

KRS 275.245: Transfer of property held in name of company.

Read at publisher ↗
Where this section sits in the code
  1. KRS Chapter 275

(1) Except as provided in subsection (2) of this section, property of the limited liability

company held in the name of the limited liability company may be transferred by an

instrument of transfer executed by any member so authorized in the name of 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) Title to property of the limited liability company that is held in the name of

the limited liability c ompany may be transferred by an instrument of transfer

executed by any manager so authorized in the name of the limited liability

company; and

(b) A member, solely by reason of being a member, shall not have authority to

transfer property of the limited liability company.

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

Browse this collection