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273.293 Merger or consolidation of domestic and foreign corporations and limited liability companies.

KY Rev Stat § 273.293 (2019) (N/A)
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273.293 Merger or consolidation of domestic and foreign corporations and limited liability companies. (1) One (1) or more domestic corporations, a domestic corporation and a domestic limited liability company, and one (1) or more foreign corporations of the type that may be organized under KRS 273.161 to 273.390 or KRS Chapter 275 may be merged into one (1) of such domestic corporations, or consolidated into a new corporation to be formed under KRS 273.161 to 273.390, provided that the foreign corporation or corporations are authorized by the laws of the government under which they were formed to effect such merger or consolidation. Each domestic corporation or limited liability company shall comply with the provisions of KRS 273.161 to 273.390 with respect to the merger or consolidation, as the case may be, of domestic corporations, limited liability companies and each foreign corporation shall comply with the applicable provisions of the laws of the state under which it is organized and of this state. (2) After approval by the members, or if there be no members entitled to vote thereon, by the board of directors, and at any time prior to the filing of the articles of merger or consolidation, the merger or consolidation may be abandoned pursuant to provisions therefor, if any, set forth in the plan of merger or consolidation. Effective: June 27, 2019 History: Amended 2019 Ky. Acts ch. 131, sec. 3, effective June 27, 2019. -- Created 1968 Ky. Acts ch. 165, sec. 42.

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273.293 Merger or consolidation of domestic and foreign corporations and limited liability companies.