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Current as of January 01, 2025 | Updated by Findlaw Staff
Upon request by a party in interest or the conservator, the court may order the termination of the conservatorship if it determines:
(1) The obligations, expenses, and improvements of the conservatorship, including all costs of the conservator, have been fully paid or provided for and the purposes of the conservatorship have been fulfilled;
(2) The owner or a lienholder has requested the conservatorship be terminated and has provided adequate assurances to the court that the conditions that constituted grounds for the petition will be promptly abated;
(3) The conservator is not carrying out required duties or responsibilities as set out in KRS 99.815; or
(4) The building has been sold by the conservator and the proceeds have been distributed as set out in KRS 99.840.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title IX. Counties, Cities, and Other Local Units § 99.845.Termination of conservatorship - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-ix-counties-cities-and-other-local-units/ky-rev-st-sect-99-845/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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