{"data":{"id":"us-ky/krs-275.345","jurisdiction":"us-ky","citation":"KRS 275.345","heading":"Right of company to merge with other business entities -- Exception -- No","body":"right of dissent.\n(1) Unless otherwise provided in writing in a written operating agreement, and subject\nto any law applicable to business entities other than limited lia bility companies, one\n(1) or more limited liability companies may merge with or into one (1) or more\nother business entities with the limited liability company or other business entity\nbeing the surviving or resulting limited liability company or other business entity.\n(2) Rights or securities of or interests in a business entity that is a party to the merger\nmay be exchanged for or converted into cash, property, obligations, rights, or\nsecurities of or interests in the surviving or resulting business entit y or of any other\nbusiness entity.\n(3) Unless otherwise provided in the articles of organization, a written operating\nagreement, or a written agreement and plan of merger, no member of a limited\nliability company shall have the right to dissent from a merger.\n(4) A nonprofit limited liability company shall not merge with or into any business\nentity which is not a domestic nonprofit limited liability company or a domestic\nnonprofit corporation.","path":["KRS Chapter 275"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=49020","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:27Z","sha256":"1f9dbf0bd875abfeeabcc29dfa9c2b306b05e0bc28bb553bb74b0c5590cec334","source_id":"us-ky","stale":false,"prev":"us-ky/krs-275.340","next":"us-ky/krs-275.350"},"notice":"GroundRules: Original legal text. Not legal advice."}