KRS 154.20-281: Dissolution or liquidation of investment fund.

(1) An investment fund may be dissolved or liquidated only after notice to the authority

in compliance with any applicable state or federal securities laws or regulations.

(2) This section shall not prohibit an investment fund from making distributions to

investors in compliance with any applicable state or federal securities laws or

regulations, if the investment fund is in compliance with the terms of KRS 154.20 -

250 to 154.20-284.