The Governor, in accordance with KRS 12.040, shall appoint as commissioner of financial institutions a person knowledgeable in banking with not less than three (3) years' banking experience. For this purpose, "banking experience" means service as an executive officer in a bank with its principal office located in Kentucky or service in a supervisory capacity in a state or federal agency having regulatory authority over banks or other financial institutions.
KRS 286.1-012
Amended 2010, Ky. Acts ch. 24, sec. 608, effective7/15/2010. -- Amended 1984 Ky. Acts ch. 324, sec. 3, effective 7/13/1984; and ch. 388, sec. 4, effective 7/13/1984. -- Amended 1976 Ky. Acts ch. 86, sec. 13, effective 3/29/1976. -- Created 1946 Ky. Acts ch. 191, sec. 2.