Kentucky Statutes 286.3-856 – Tender of appointment as receiver to FDIC
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The commissioner shall tender appointment as receiver to the FDIC if any deposits in the closed bank are insured by the FDIC. Upon acceptance of the appointment as receiver, the FDIC shall not be required to post bond.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 649, effective July 15, 2010. — Amended
1984 Ky. Acts ch. 324, sec. 44, effective July 13, 1984.
Formerly codified as KRS § 287.856.
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.
Effective: July 15, 2010
Terms Used In Kentucky Statutes 286.3-856
- Commissioner: means the commissioner of financial institutions. See Kentucky Statutes 286.3-010
- Statute: A law passed by a legislature.
History: Amended 2010 Ky. Acts ch. 24, sec. 649, effective July 15, 2010. — Amended
1984 Ky. Acts ch. 324, sec. 44, effective July 13, 1984.
Formerly codified as KRS § 287.856.
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.