Ky. Rev. Stat. § 286.3-455
Current through 2024 Ky. Acts ch. 225
In undertaking the examination of any bank or trust company, neither the Commonwealth of Kentucky, the commissioner, nor any examiner employed by the Commonwealth shall become liable to any depositor, investor, or other obligor of said bank or trust company by reason of said examination or omission of said examination to fully and effectively disclose the financial condition of said bank or trust company, it being the policy of the Commonwealth of Kentucky that such examinations as are required by KRS 286.3-450 and 286.3-460, are for the purpose of determining compliance with state law and not for the purpose of protecting or guaranteeing the depositors, investors or other obligors of said bank or trust company.
KRS 286.3-455
Amended 1984 Ky. Acts ch. 324, sec. 31, effective7/13/1984. -- Created 1980 Ky. Acts ch. 357, sec. 1, effective 7/15/1980.