Kentucky Revised Statutes
Ky. Rev. Stat. § 304.497 (2026)
Repealed, 1970
✓ current as of May 2026
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Catchline at repeal: Levy of execution; satisfaction from deposited assets. History: Repealed 1970 Ky. Acts ch. 301, subtit. 99, sec. 3, effective June 18, 1970. -- Created 1950 Ky. Acts ch. 21, sec. 1, effective September 1, 1950.
Notes of Decisions
Cited in 2
cases, 1958–1965 · leading case: Lewis, Roca, Scoville & Beauchamp, a P'ship v. Inland Empire Ins. Co., 259 F.2d 318 (10th Cir. 1958).
Lewis, Roca, Scoville & Beauchamp, a P'ship v. Inland Empire Ins. Co., 259 F.2d 318 (10th Cir. 1958). “KRS 304.497 reads thus: “(1) If a judgment has been recovered against an insurer having a deposit of assets under this code, upon a policy issued by such insurer, and an execution issued upon the judgment has been returned wholly or partly unsatisfied, any court of competent…”
United Pub. Ins. Co. v. A. J. Auxier Constr. Co., 406 S.W.2d 720 (Ky. Ct. App. 1965). “Execution upon the judgment having been returned unsatisfied, Auxier sought and obtained from the Pike Circuit Court, under purported authority of KRS 304.497, a judgment ordering the Commissioner of Insurance of Kentucky and the Custodian of Insurance Securities of Kentucky to…”
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