{"data":{"id":"us-ky/krs-271b.13-250","jurisdiction":"us-ky","citation":"KRS 271B.13-250","heading":"Payment.","body":"(1) Except as provided in KRS 271B.13 -270, as soon as the proposed corporate action\nis taken, or upon receipt of a payment demand, the corporation shall pay each\ndissenter who complied with KRS 271B.13 -230 the amount the corporation\nestimates to be the fair value of his shares, plus accrued interest.\n(2) The payment shall be accompanied by:\n(a) The corporation's balance sheet as of the end of a fiscal year ending not more\nthan sixteen (16) months before the date of payment, an income statement for\nthat year, a statement of changes in shareholders' equity for that year, and the\nlatest available interim financial statements, if any;\n(b) A statement of the corporation's estimate of the fair value of the shares;\n(c) An explanation of how the interest was calculated; and\n(d) A statement of the dissenter's right to demand payment under KRS 271B.13 -\n280.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13441","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:19Z","sha256":"84caad8f1e25fdb876049ecd27f3eda30c1e6922fa9c0b262e47455711c057f1","source_id":"us-ky","stale":false,"prev":"us-ky/krs-271b.13-240","next":"us-ky/krs-271b.13-260"},"notice":"GroundRules: Original legal text. Not legal advice."}