Ky. Rev. Stat. » Chapter 271A
Kentucky Revised Statutes

Ky. Rev. Stat. § 271A.205 (2026)

Repealed, effective January 1, 1989

✓ current as of May 2026
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Catchline at repeal: Director conflicts of interest. History: Repealed 1988 Ky. Acts ch. 23, sec. 248, effective January 1, 1989; and ch. 224, sec. 26, effective July 15, 1988. -- Created 1972 Ky. Acts ch. 274, sec. 41.

Notes of Decisions
Cited in 3 cases, 1979–1991 · leading case: Estep v. Werner, 780 S.W.2d 604 (Ky. 1989).
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Estep v. Werner, 780 S.W.2d 604 (Ky. 1989). · cites it 2× “Contrary to the Opinion of the Court of Appeals, the scope section in KRS Chapter 271A does not limit the duties of the shareholders in a closely-held corporation and their business dealings with minority shareholders to those expressly delineated therein.”
Shobe v. Epi Corp., 815 S.W.2d 395 (Ky. 1991). “” The shareholders have also claimed fraud, breaches of various fiduciary duties, and violations of KRS 271A.205 and KRS 292.320. Discovery of various documents utilized by EPI and its management in their decision-making process during the merger was sought by the minority…”
Nelson v. Gammon, 478 F. Supp. 630 (W.D. Ky. 1979). · cites it 4× “KRS 271A.205 deals with shareholder validation of corporate transactions involving director conflicts of interest.”
— Ky. Rev. Stat. § 271A.205(l)(a) — 1 case
Nelson v. Gammon, 478 F. Supp. 630 (W.D. Ky. 1979). “KRS 271A.205 deals with shareholder validation of corporate transactions involving director conflicts of interest.”
— Ky. Rev. Stat. § 271A.205(l)(c) — 1 case
Nelson v. Gammon, 478 F. Supp. 630 (W.D. Ky. 1979). “KRS 271A.205 deals with shareholder validation of corporate transactions involving director conflicts of interest.”
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