KRS 286.6-105: Commonwealth or its employees not liable for failure to disclose

financial condition of credit union.

In undertaking the examination of any credit union, neither the Commonwealth of

Kentucky, the commissioner of the Department of Financial Instituti ons, nor any

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

or other obligor of said credit union by reason of said examination or omission of said

examination to fully and effectively disclose the financial condition of said credit union,

it being the policy of the Commonwealth of Kentucky that such examinations as are

required by KRS 286.6-100 are for the purpose of determining compliance with state law

and not for the purpose of protecting or guaranteeing the deposi tors, investors or other

obligors of said credit unions.