Kentucky Revised Statutes Title XXXIV. Descent, Wills, and Administration of Decedents' Estates § 393.300. Restriction on escheat of real property held by lending corporation under supervision

No person shall institute proceedings to escheat real property the title to which was acquired by any lending corporation in satisfaction of debts previously contracted in the course of its business, or that it purchases under a judgment for any such debt in its favor, if such lending corporation is under the supervision of the Department of Financial Institutions of this state, comptroller of currency of the United States or any other duly constituted supervising banking authority, state or Federal, without first obtaining the consent of the supervising authority having supervision over that corporation.


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