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Kentucky · Snapshot 09/05/2026

KRS 275.345: Right of company to merge with other business entities -- Exception -- No

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  1. KRS Chapter 275

right of dissent.

(1) Unless otherwise provided in writing in a written operating agreement, and subject

to any law applicable to business entities other than limited lia bility companies, one

(1) or more limited liability companies may merge with or into one (1) or more

other business entities with the limited liability company or other business entity

being the surviving or resulting limited liability company or other business entity.

(2) Rights or securities of or interests in a business entity that is a party to the merger

may be exchanged for or converted into cash, property, obligations, rights, or

securities of or interests in the surviving or resulting business entit y or of any other

business entity.

(3) Unless otherwise provided in the articles of organization, a written operating

agreement, or a written agreement and plan of merger, no member of a limited

liability company shall have the right to dissent from a merger.

(4) A nonprofit limited liability company shall not merge with or into any business

entity which is not a domestic nonprofit limited liability company or a domestic

nonprofit corporation.

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

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