Statutes, codes, and regulations
Kentucky Revised Statutes
Title 25 - BUSINESS AND FINANCIAL INSTITUTIONSChapter 286 - KENTUCKY FINANCIAL SERVICES CODESubtitle 286.3 - BANKS AND TRUST COMPANIES
RECEIVERS FOR INSOLVENT BANKS
Section 286.3-870 - Late claim's share in undistributed assets

Ky. Rev. Stat. § 286.3-870

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Current through 2024 Ky. Acts ch. 225
Section 286.3-870 - Late claim's share in undistributed assets

Any claim filed after the one hundred eighty (180) day claim period prescribed by KRS 286.3-868 and subsequently accepted by the receiver or allowed by the receivership court, shall be entitled to share in the distribution of assets only to the extent of the undistributed assets in the hands of the receiver on the date such claims are accepted or allowed.

KRS 286.3-870

Effective:7/13/1984
Created 1984 Ky. Acts ch. 324, sec. 51, effective7/13/1984.