KRS 394.550: Stock legacy to include split shares, dividends, and shares issued in merger
Where this section sits in the code
- KRS Chapter 394
and exchange.
A legacy of stock, regardless of whether it is construed to be general or specific, shall
include:
(1) All stock split shares attributable to the devised shares;
(2) All stock dividends attributable to the devised shares;
(3) All shares of stock issued as a result of merger, consolidation, reorganization or
other similar action, and attributable to the devised shares; and
(4) All shares of stock issued in exchang e for and attributable to the devised shares,
received by the testator after execution of the will or by his estate after his death,
unless there is in the will or a codicil thereto a manifest intention to the contrary.
Collected 2026-09-05T20:59:26Z. Source file · JSON