{"data":{"id":"us-ky/krs-275.240","jurisdiction":"us-ky","citation":"KRS 275.240","heading":"Title to property held by company.","body":"(1) Property transferred to or otherwise acquired by a limited liability company shall be\nthe property of the limited liability company and not of the members individually.\n(2) Property may be acquired, held, and conveyed in the name of the limited liability\ncompany. Any estate in real property may be acquired in the name of the limited\nliability company, and title to any interest so acquired shall vest in the limited\nliability company rather than in the members individually.","path":["KRS Chapter 275"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13877","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:27Z","sha256":"9009ae6a79a4b46d255f52017b13983ead88a49d3f9d929b3ab1499871619038","source_id":"us-ky","stale":false,"prev":"us-ky/krs-275.235","next":"us-ky/krs-275.245"},"notice":"GroundRules: Original legal text. Not legal advice."}