There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 13 Dissenters' Rights
271B.13.270 After-acquired shares.
Download pdfthe dissenters' notice as the date of the first announcement to news media or to
shareholders of the terms of the proposed corporate action. (2) To the extent the corporation elects to withhold payment under subsection (1) of this section, after taking the proposed corporate action, it shall estimate the fair
value of the shares, plus accrued interest, and shall pay this amount to each
dissenter who agrees to accept it in full satisfaction of his demand. The corporation
shall send with its offer a statement of its estimate of the fair value of the shares, an
explanation of how the interest was calculated, and a statement of the dissenter's
right to demand payment under KRS 271B.13-280. Effective: January 1, 1989
History: Created 1988 Ky. Acts ch. 23, sec. 133, effective January 1, 1989.
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