Ky. Rev. Stat. § 286.5-101

Current through Acts Received April 24, 2024
Section 286.5-101 - Right to manage property to avoid loss

Nothing in this subtitle or the statute law of the state shall be construed as denying to an association the right to invest its funds, operate a business, manage or deal in property, or take any other action over whatever period of time may reasonably be necessary to avoid loss on a loan or investment theretofore made or an obligation created in good faith.

KRS 286.5-101

Effective:6/18/1964
Created 1964 Ky. Acts ch. 138, sec. 63 (9), effective6/18/1964.