2025 Kansas Statutes
Chapter 17 - Corporations
Article 76 - Limited Liability Companies
17-7682 No statutory appraisal rights.
17-7682.
No statutory appraisal rights.
Unless otherwise provided in an operating agreement or an agreement of merger or consolidation or a plan of division, no appraisal rights shall be available with respect to a limited liability company interest or another interest in a limited liability company, including in connection with any amendment of an operating agreement, any merger or consolidation in which the limited liability company or a series of the limited liability company is a constituent party to the merger or consolidation, any division of the limited liability company, or the sale of all or substantially all of the limited liability company's assets. The district court shall have jurisdiction to hear and determine any matter relating to any appraisal rights provided in an operating agreement or an agreement of merger or consolidation or a plan of division.
History: L. 1999, ch. 119, § 21; L. 2012, ch. 50, § 3; L. 2014, ch. 40, § 18; L. 2025, ch. 95, § 8; July 1.
