{"data":{"id":"us-ky/krs-271b.10-080","jurisdiction":"us-ky","citation":"KRS 271B.10-080","heading":"Amendment pursuant to reorganization.","body":"(1) A corporation's articles of incorporation may be amended without action by the\nboard of directors or shareholders to carry out a plan of reorganization ordered or\ndecreed by a court of competent jurisdiction under federal statute if the articles of\nincorporation after amendment contain only provisions required or permitted by\nKRS 271B.2-020.\n(2) The individual or individuals designated by the court shall deliver to the Secretary\nof State for filing articles of amendment setting forth:\n(a) The name of the corporation;\n(b) The text of each amendment approved by the court;\n(c) The date of the court's order or decree approving the articles of amendment;\n(d) The title of the reorganization proceeding in which the order or decree was\nentered; and\n(e) A statement t hat the court had jurisdiction of the proceeding under federal\nstatute.\n(3) Shareholders of a corporation undergoing reorganization shall not have dissenters'\nrights except as and to the extent provided in the reorganization plan.\n(4) This section shall no t apply after entry of a final decree in the reorganization\nproceeding even though the court retains jurisdiction of the proceeding for limited\npurposes unrelated to consummation of the reorganization plan.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13414","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:19Z","sha256":"a21bf42e427514347979559dfadd6c9a1fe2df29449e2e59f2a0347cc9df3031","source_id":"us-ky","stale":false,"prev":"us-ky/krs-271b.10-070","next":"us-ky/krs-271b.10-090"},"notice":"GroundRules: Original legal text. Not legal advice."}