{"data":{"id":"us-ky/krs-286.3-640","jurisdiction":"us-ky","citation":"KRS 286.3-640","heading":"Relief to aggrieved shareholders.","body":"Any shareholder of the transferor bank who deems himself aggrieved by reason of a\ntransfer made under KRS 286.3 -630, shall be paid the fair cash value of his shares as of\nthe day before the day on which the vote of the board of directors was taken authoriz ing\nsuch transfer, excluding from such fair cash value any appreciation or depreciation in\nconsequence of the transfer which entitled him to such relief, if such shareholder objects\nin writing to such transfer and demands in writing the payment of such fai r cash value of\nhis shares within twenty (20) days from the day the vote was taken. Such payment shall\nbe made within thirty (30) days after the fair cash value is agreed upon or determined.\nAny shareholder who does not object and demand payment for his sh ares as provided for\nin this section shall be bound by the vote of a majority of the directors of the bank.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14592","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:11Z","sha256":"8c083976fbf277a1a5827fc6e2c13e440d68de6e2a48d46f5e3e1a2c78e79db4","source_id":"us-ky","stale":false,"prev":"us-ky/krs-286.3-630","next":"us-ky/krs-286.3-660"},"notice":"GroundRules: Original legal text. Not legal advice."}