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2014 Kentucky Revised Statutes
CHAPTER 271B - BUSINESS CORPORATIONS
Subtitle 14 - Dissolution
14.14-400 Deposit with State Treasurer.

KY Rev Stat § 14.14-400 (2014) What's This?

Download as PDF 271B.14-400 Deposit with State Treasurer. Assets of a dissolved corporation that should be transferred to a creditor, claimant, or shareholder of the corporation who cannot be found or who is not competent to receive them shall be reduced to cash and deposited with the State Treasurer or other appropriate state official for safekeeping. When the creditor, claimant, or shareholder furnishes satisfactory proof of entitlement to the amount deposited, the State Treasurer or other appropriate state official shall pay him or his representative that amount. Effective:January 1, 1989 History: Created 1988 Ky. Acts ch. 23, sec. 152, effective January 1, 1989.

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