Ky. Rev. Stat. § 286.6-105
Current through Acts Received April 24, 2024
In undertaking the examination of any credit union, neither the Commonwealth of Kentucky, the commissioner of the Department of Financial Institutions, nor any examiner employed by the Commonwealth shall become liable to any depositor, investor, or other obligor of said credit union by reason of said examination or omission of said examination to fully and effectively disclose the financial condition of said credit union, it being the policy of the Commonwealth of Kentucky that such examinations as are required by KRS 286.6-100 are for the purpose of determining compliance with state law and not for the purpose of protecting or guaranteeing the depositors, investors or other obligors of said credit unions.
KRS 286.6-105
Amended 2010, Ky. Acts ch. 24, sec. 727, effective7/15/2010. -- Created 1980 Ky. Acts ch. 357, sec. 3, effective 7/15/1980.