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§ 286-3-530 — Kentucky Law | CourtGPT
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Kentucky Legal Code

§ 286-3-530

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286.3 -530 Examination of institutions in hands of receiver -- Reports of receivers. The department shall examine banks and trust companies in the hands of a receiver, as other banks and trust companies, until its affairs are wound up, and a copy of the examination shall be filed with the circuit clerk in the county where the bank is loca ted. The receiver or person in charge of the insolvent bank or trust company shall make reports to the department, and shall submit the affairs of the institution under his control to examination in the same manner as required in the case of other banks an d trust companies. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 644, effective July 15, 2010. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 165a -14. Formerly codified as KRS 287.530. Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286.