KRS 304.33-470: Termination of proceedings.
Where this section sits in the code
(1) Liquidator's application. When all assets justifying the expense of collection and
distribution have been collected and distributed under this subtitle, the liquidator
shall apply to the court for discharge. The court may grant the discharge and make
any o ther orders deemed appropriate, including an order to transfer to the State
Treasury for the common school fund any remaining funds that are uneconomic to
distribute.
(2) Application by others. Any other person may apply to the court at any time for an
order under subsection (1) of this section. If the application is denied, the applicant
shall pay the costs and expenses of the liquidator in resisting the application,
including a reasonable attorney's fee.
Collected 2026-09-05T20:57:55Z. Source file · JSON