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Kentucky · Snapshot 09/05/2026

KRS 286.3-876: Receiver's election to reject a lease -- Effect.

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    Within one hundred eighty (180) days of the date of the closing of a bank, the receiver

    may at his election reject any lease to which the closed bank is a party without any further

    liability to the closed bank. The receiver's election to reject a lease cr eates no claim for

    rent other than rent accrued to the date of termination or for actual damages, if any, for

    such termination not to exceed the equivalent of six (6) months' payment.

    Collected 2026-09-05T20:57:11Z. Source file · JSON

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