Ky. Rev. Stat. § 286.3-860

Current through 2024 Ky. Acts ch. 225
Section 286.3-860 - Notice of closing to be posted - Effect

Immediately after closing any state bank for purposes of liquidation under the provisions of KRS 286.3-854, the commissioner shall post an appropriate notice of closing at the main entrance of the bank, and thereafter no judgment lien, attachment lien or any voluntary lien shall attach to any asset of said bank, nor shall the directors, officers or agents of such bank thereafter have authority to act on behalf of said bank or to convey, transfer, assign, pledge, mortgage or encumber any assets thereof.

KRS 286.3-860

Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 650, effective7/15/2010. -- Created 1984 Ky. Acts ch. 324, sec. 46, effective 7/13/1984.