{"data":{"id":"us-ky/krs-386a.7-020","jurisdiction":"us-ky","citation":"KRS 386A.7-020","heading":"Approval of proposed merger -- No right of dissent.","body":"(1) With respect to each constituent statutory trust, the plan of merger shall require the\napproval of the beneficial owners.\n(2) Each constituent organization that is not a statutory trust and that is a party to a\nproposed merger shall approve the plan of mer ger in the manner and by the vote\nrequired by the laws applicable to the constituent organization.\n(3) Unless otherwise provided in the governing instrument or a written agreement and\nplan of merger, no beneficial owner of a statutory trust shall have the right to\ndissent from a merger.\n(4) Each constituent organization shall have the rights to abandon the merger as\nprovided for in the plan of merger or in the laws applicable to the constituent\norganization.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=40399","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:18Z","sha256":"7729c9386c32f5f16e76e00ccff283f1284f6028661111f8a9cb1e1d8891263e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386a.7-010","next":"us-ky/krs-386a.7-030"},"notice":"GroundRules: Original legal text. Not legal advice."}