379.100 Receipt of claims by assignee -- Notice of -- Filing.
The assignee shall, within two (2) months after his appointment, give notice of the time <br>and place where he will sit to receive claims against the estate. The notice shall be by <br>publication pursuant to KRS Chapter 424. Creditors not residing in the county where the <br>assignee qualifies shall be notified by mailing notice to their last known address. Any <br>creditor failing to present his claim at the time named or within three (3) months <br>thereafter, verified in the same manner as a claim against the estate of a decedent except <br>that it need not be verified by a person other than the claimant, shall waive his right to <br>any part of the assigned estate. However, the court may direct the assignee to receive a <br>claim at any time before the final distribution of the estate, and allow it and pay dividends <br>thereon as on other claims, if there are sufficient unappropriated assets in his hands. <br>Claims not due shall be presented in the same manner as claims due, but if claims not due <br>are not bearing interest a just abatement shall be made.
Effective: October 1, 1942 <br>History: Created 1966 Ky. Acts ch. 239, sec. 218. -- Recodified 1942 Ky. Acts ch. 208,
sec. 1, effective October 1, 1942, from Ky. Stat. sec. 90.
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