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

Ky. Rev. Stat. § 271A.405 (2026)

Repealed, effective January 1, 1989

✓ current as of May 2026
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Catchline at repeal: Rights of dissenting shareholders. History: Repealed 1988 Ky. Acts ch. 23, sec. 248, effective January 1, 1989. -- Amended 1984 Ky. Acts ch. 355, sec. 6, effective July 13, 1984. -- Amended 1980 Ky. Acts ch. 114, sec. 60, effective July 15, 1980. -- Amended 1976 Ky. Acts ch. 62, sec. 110. -- Created 1972 Ky. Acts ch. 274, sec. 81.

Notes of Decisions
Cited in 3 cases, 1982–2010 · leading case: Ford v. Courier-Journal Job Printing Co., 639 S.W.2d 553 (Ky. Ct. App. 1982).
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Ford v. Courier-Journal Job Printing Co., 639 S.W.2d 553 (Ky. Ct. App. 1982). · cites it 5× “On December 27, 1978, appellants formally elected to proceed as dissenting stockholders under the provisions of KRS 271A.405 and, through their attorney and in compliance with that statute, demanded payment of the fair value of their shares as of the statutory date, that date…”
Yeager v. Paul Semonin Co., 691 S.W.2d 227 (Ky. Ct. App. 1985). · cites it 2× “In the order appealed from, the trial court held that the appellant’s exclusive remedy was appraisal and payment for his shares under KRS 271A.405. The first question which confronts us is whether the appraisal remedy provided for in KRS 271A.”
Brooks v. Brooks Furniture Mfgrs., Inc., 325 S.W.3d 904 (Ky. Ct. App. 2010). · cites it 2× “1979), and concluded: That case states that the consensus among jurisdictions with statutes patterned after the Model Business Corporation Act, § 81, which Act was the basis of KRS 271A.405, is that three elements or approaches must be considered, and that the weight to be given…”
— Ky. Rev. Stat. § 271A.405(7) — 1 case
Ford v. Courier-Journal Job Printing Co., 639 S.W.2d 553 (Ky. Ct. App. 1982). “On December 27, 1978, appellants formally elected to proceed as dissenting stockholders under the provisions of KRS 271A.405 and, through their attorney and in compliance with that statute, demanded payment of the fair value of their shares as of the statutory date, that date…”
— Ky. Rev. Stat. § 271A.405(8) — 1 case
Ford v. Courier-Journal Job Printing Co., 639 S.W.2d 553 (Ky. Ct. App. 1982). “On December 27, 1978, appellants formally elected to proceed as dissenting stockholders under the provisions of KRS 271A.405 and, through their attorney and in compliance with that statute, demanded payment of the fair value of their shares as of the statutory date, that date…”
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