Ky. Rev. Stat. Ann. § 389A.032 – Private sale of property without prior judicial proceeding or judgment, but subject to court approval.

Without previous judicial proceeding or judgment, an interest in real property held by a fiduciary for the benefit of a ward, or by more than one (1) person or by an unknown heir may be sold by private sale subject to court approval. An action for approval of sale shall be brought in the manner provided for judicial approval prior to sale in KRS 389A.030 and 389A.035.

Effective: February 6, 1984

History: Created 1984 Ky. Acts ch. 9, sec. 1, effective February 6, 1984.