Kentucky Revised Statutes
Ky. Rev. Stat. § 386.080 (2026)
Repealed, 1944
✓ current as of May 2026
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Catchline at repeal: Sale of securities held by fiduciary; protection of purchaser. History: Repealed 1944, Ky. Acts ch. 115, sec. 2. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4707.
Notes of Decisions
Cited in 1
case, 1955–1955 · leading case: Farmers Nat'l Bank of Danville v. Louisville & Nashville R.R., 283 S.W.2d 385 (Ky. Ct. App. 1955).
Farmers Nat'l Bank of Danville v. Louisville & Nashville R.R., 283 S.W.2d 385 (Ky. Ct. App. 1955). “Formerly, KRS 386.080 (known as section 4707 of Carroll’s Kentucky Statutes) made it mandatory that an administrator or executor, before selling any dividend-paying stocks, 'bonds or other securities which a decedent owned at his death, should be ordered so to do by the circuit…”
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