In undertaking the examination of any title pledge lender, neither the Commonwealth, the commissioner, nor any examiner employed by the Commonwealth shall become liable to any pledgor of the title pledge lender if the examination or an omission in the examination fails to fully and effectively disclose the financial condition of the title pledge lender.
Effective: July 15, 2010

Terms Used In Kentucky Statutes 286.10-235

  • Commissioner: means the commissioner of the Department of Financial
    Institutions. See Kentucky Statutes 286.1-010
  • Statute: A law passed by a legislature.

History: Amended 2010 Ky. Acts ch. 24, sec. 828, effective July 15, 2010. — Created
1998 Ky. Acts ch. 242, sec. 8, effective July 15, 1998.
Formerly codified as KRS § 368.235.
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.