KRS 376.170: Distribution of income when operation of property is continued.
Where this section sits in the code
- KRS Chapter 376
If the trustee or other person having the administration or distribution of the property or
effects continues to operate the business, he shall, at the end of each calendar month, after
payment of current expenses and any debt due the United States or this state, distribute
the remaining money in his hands pro rata among the persons to whom a lien is given by
KRS 376.150 and 376.180, except twenty percent (20%) thereof which he may, if
necessary, reserve for contingent expenses.
Collected 2026-09-05T20:59:08Z. Source file · JSON