{"data":{"id":"us-ky/krs-275.245","jurisdiction":"us-ky","citation":"KRS 275.245","heading":"Transfer of property held in name of company.","body":"(1) Except as provided in subsection (2) of this section, property of the limited liability\ncompany held in the name of the limited liability company may be transferred by an\ninstrument of transfer executed by any member so authorized in the name of the\nlimited liability company.\n(2) If the articles of organization provide that management of the limited liability\ncompany is vested in a manager or managers:\n(a) Title to property of the limited liability company that is held in the name of\nthe limited liability c ompany may be transferred by an instrument of transfer\nexecuted by any manager so authorized in the name of the limited liability\ncompany; and\n(b) A member, solely by reason of being a member, shall not have authority to\ntransfer property of the limited liability company.","path":["KRS Chapter 275"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13878","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:27Z","sha256":"57c6700af1ff32c1cb38220b3bc530f144c0b8852dd225c1e4f7e47d9eac3f5b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-275.240","next":"us-ky/krs-275.247"},"notice":"GroundRules: Original legal text. Not legal advice."}