Kentucky Revised Statutes

Ky. Rev. Stat. § 271B.13-210 (2026)

Notice of intent to demand payment

✓ current as of May 2026

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(1) 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.

(2) 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.

Notes of Decisions

Cited in 1 case, 2010–2010 · leading case: Brooks v. Brooks Furniture Mfgrs., Inc., 325 S.W.3d 904 (Ky. Ct. App. 2010).

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Brooks v. Brooks Furniture Mfgrs., Inc., 325 S.W.3d 904 (Ky. Ct. App. 2010). · cites it 2× “On October 26, 2004, Hilton responded to the proposed merger with a notice of intent to demand payment as a dissenter pursuant to KRS 271B.13-210. The planned merger was approved on November 1, 2004.”

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