99.845 Termination of conservatorship.

125 words·~1 min read·/ky/chapter-99/99-845

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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.