HB 537 Kentucky House · 2023 Regular Session

AN ACT relating to nonprofit corporations.

Summary
Amend KRS 273.303 to permit a dissolving corporation to transfer its assets to any entity engaged in for-profit activities that are substantially similar to those of the dissolving corporation subject to two certain conditions.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 22, 2023 Last action Feb 22, 2023
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Feb 22, 2023
Committee
to Committee on Committees (H)
lower
Feb 22, 2023
Introduced
introduced in House
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Kevin Bratcher
Kevin Bratcher
RRepublican
KY
29