Ky. Rev. Stat. § 286.3-856

Current through 2024 Ky. Acts ch. 225

Section 286.3-856 - Tender of appointment as receiver to FDIC

The commissioner shall tender appointment as receiver to the FDIC if any deposits in the closed bank are insured by the FDIC. Upon acceptance of the appointment as receiver, the FDIC shall not be required to post bond.

KRS 286.3-856

Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 649, effective7/15/2010. -- Amended 1984 Ky. Acts ch. 324, sec. 44, effective 7/13/1984.