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2021 Kentucky Revised Statutes
Chapter 271B - Business corporations
Subtitle 271B.13 - Dissenters' Rights
271B.13-210 Notice of intent to demand payment.

Universal Citation: KY Rev Stat § 271B.13-210 (2021)
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271B.13-210 Notice of intent to demand payment. (1) (2) If proposed corporate action creating dissenters' rights under KRS 271B.13-020 is submitted to a vote at a shareholders' meeting, a shareholder who wishes to assert dissenters' rights: (a) Shall deliver to the corporation before the vote is taken written notice of his intent to demand payment for his shares if the proposed action is effectuated; and (b) Shall not vote his shares in favor of the proposed action. A shareholder who does not satisfy the requirements of subsection (1) of this section shall not be entitled to payment for his shares under this chapter. Effective: January 1, 1989 History: Created 1988 Ky. Acts ch. 23, sec. 127, effective January 1, 1989.
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