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KRS 99.845

Termination of conservatorship

Known as the Abandoned and Blighted Property Conservatorship Act

The act spans §§ 99–99 (113 sections).

Effective: January 1, 2022 History: Created 2021 Ky

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.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.