§ 386a-4-080

386A.4 -080 Right to wind up business and activities of a series. (1) Subject to subsection (2) of this section, after dissolution of a series, the trustees associated with the series, if any, and if none, the trustees of the statutory trust, shall wind up the series's activities. (2) The appropriate court may order judicial supervision of the winding up of a dissolved series, including the appointment of a person to wind up the series's activities: (a) On application of a beneficial owner associated with the series, if the applicant establishes good cause; or (b) In connecti on with a proceeding under KRS 386A.4 -060(1)(e). Effective: July 12, 2012 History: Created 2012 Ky. Acts ch. 81, sec. 29, effective July 12, 2012.