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Repealed, 1944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 History: Repealed 1944, Ky.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). · cites it 5× “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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