386A.7 -010 Right of company to merge with other business entities -- Exception. (1) Unless otherwise provided in a governing instrument, and if permitted by any law applicable to entities other than statutory trusts, one (1) or more statutory trusts may merge with or into one (1) or more other entities with the statutory trust or othe r business entity being the surviving organization. (2) Unless otherwise provided in a governing instrument, unless prohibited by applicable law, one (1) or more statutory trusts may merge with or into one (1) or more foreign entities with the statutory tr ust or foreign entity being the surviving organization. Effective: July 12, 2012 History: Created 2012 Ky. Acts ch. 81, sec. 56, effective July 12, 2012.
Kentucky Legal Code