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Kentucky · Snapshot 09/05/2026

KRS 304.33-470: Termination of proceedings.

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    (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

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