Kentucky Revised Statutes

Ky. Rev. Stat. § 275.250 (2026)

Status of company interest as personal property

✓ current as of May 2026

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A limited liability company interest shall be personal property. Effective: July 15, 1994 History: Created 1994 Ky. Acts ch. 389, sec. 50, effective July 15, 1994.

Notes of Decisions

Cited in 2 cases (1 in the last 5 years), 2013–2023 · leading case: First Bancorp, Inc. v. United States, 945 F. Supp. 2d 802 (W.D. Ky. 2013).

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First Bancorp, Inc. v. United States, 945 F. Supp. 2d 802 (W.D. Ky. 2013). · cites it 2× “See Ky.Rev.Stat. § 275.250. In the language of Kentucky’s UCC, Catron received “the right to payment of a monetary obligation .”

GenCanna Acquisition Corp. v. 101 Enter., LLC (Bankr. E.D. Ky. 2023). “§§ 275.250, 275.015(13), 275.195, 275.255, 275.”

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