Ky. Rev. Stat. § 286.5-770

Current through 2024 Ky. Acts ch. 225
Section 286.5-770 - No receiver or conservator for solvent association

No conservator or receiver shall be appointed, or private property seized, with respect to an association which is solvent in that its assets are equal to or more than its obligations to its creditors, including the members and others, if the alleged wrongdoing can be otherwise corrected as is provided in this subtitle or otherwise as provided by law.

KRS 286.5-770

Effective:6/18/1964
Created 1964 Ky. Acts ch. 138, sec. 56, effective6/18/1964.