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Kentucky · Snapshot 09/05/2026

KRS 386A.7-020: Approval of proposed merger -- No right of dissent.

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Where this section sits in the code

    (1) With respect to each constituent statutory trust, the plan of merger shall require the

    approval of the beneficial owners.

    (2) Each constituent organization that is not a statutory trust and that is a party to a

    proposed merger shall approve the plan of mer ger in the manner and by the vote

    required by the laws applicable to the constituent organization.

    (3) Unless otherwise provided in the governing instrument or a written agreement and

    plan of merger, no beneficial owner of a statutory trust shall have the right to

    dissent from a merger.

    (4) Each constituent organization shall have the rights to abandon the merger as

    provided for in the plan of merger or in the laws applicable to the constituent

    organization.

    Collected 2026-09-05T20:59:18Z. Source file · JSON

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