KRS 286.4-615: Commonwealth or its employees not liable for failure to disclose

financial condition of consumer loan company.

In undertaking the examination of a consumer loan company neither the Commonwealth

of Kentucky, the commissioner of the Department of Fina ncial Institutions, nor any

examiner employed by the Commonwealth shall become liable to any depositor, investor,

or other obligor of said consumer loan company by reason of said examination or

omission of said examination to fully and effectively disclose the financial condition of

said consumer loan company, it being the policy of the Commonwealth of Kentucky that

such examinations as are required by KRS 286.4 -610 are for the purpose of determining

compliance with state law and not for the purpose of prot ecting or guaranteeing the

depositors, investors, or other obligors of said consumer loan companies.