Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 286.3-860.Notice of closing to be posted; effect

Immediately after closing any state bank for purposes of liquidation under the provisions of KRS 286.3-854, the commissioner shall post an appropriate notice of closing at the main entrance of the bank, and thereafter no judgment lien, attachment lien or any voluntary lien shall attach to any asset of said bank, nor shall the directors, officers or agents of such bank thereafter have authority to act on behalf of said bank or to convey, transfer, assign, pledge, mortgage or encumber any assets thereof.