2006 Kentucky Revised Statutes - .856   Tender of appointment as receiver to FDIC.

286.3-856 Tender of appointment as receiver to FDIC. The executive director 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 13, 1984 History: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. Legislative Research Commission Note (6/20/2005). 2005 Ky. Acts chs. 11, 85, 95, 97, 98, 99, 123, and 181 instruct the Reviser of Statutes to correct statutory references to agencies and officers whose names have been changed in 2005 legislation confirming the reorganization of the executive branch. Such a correction has been made in this section.