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2009 Kentucky Revised Statutes
Subtitle 3. Banks and Trust Companies
286.3.856 Tender of appointment as receiver to FDIC.

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286.3-856 Tender of appointment as receiver to FDIC. The commissioner shall tender appointment as receiver to the FDIC if any deposits in the <br>closed bank are insured by the FDIC. Upon acceptance of the appointment as receiver, the <br>FDIC shall not be required to post bond. Effective: July 15, 2010 <br>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. <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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