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Kentucky · Snapshot 09/05/2026

KRS 273.340: Filing of claims in liquidation proceedings.

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Where this section sits in the code
  1. KRS Chapter 273

In proceedings to liquidate the assets and affairs of a corporation the court may require all

creditors of the corporation to file with the clerk of the court or with the receiver, in such

form as the court may prescribe, proofs under oath of their respect ive claims. If the court

requires the filing of claims it shall fix a date, which shall be not less than four (4) months

from the date of the order, as the last day for filing of claims, and shall prescribe the

notice that shall be given to creditors and c laimants of the date so fixed. Prior to the date

so fixed, the court may extend the time for the filing of claims. Creditors and claimants

failing to file proofs of claim on or before the date so fixed may be barred, by order of

court, from participating in the distribution of the assets of the corporation.

Collected 2026-09-05T20:53:24Z. Source file · JSON

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