286.5-780 Declaratory judgment action as to rights.
If a controversy arises between the commissioner and an association with respect to any <br>question of law or regulation or with respect to any question involving immeasurable or <br>irreparable damage to the association, prior to an administrative or judicial hearing, the <br>association or the commissioner may apply to any court of competent jurisdiction of the <br>county in which the home office of the association is located for a declaratory judgment <br>as to such question, and such court shall decide the controversy on its merits in <br>accordance with the weight of the evidence, and such court shall have full power to <br>enforce its orders.
Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 24, sec. 709, effective July 15, 2010. -- Created
1964 Ky. Acts ch. 138, sec. 64, effective June 18, 1964.
Formerly codified as KRS 289.780. <br>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 <br>Kentucky Financial Services Code, KRS Chapter 286.
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