Ky. Rev. Stat. § 286.12-050

Current through 2024 Ky. Acts ch. 225
Section 286.12-050 - Records of student education loan servicer

Each student education loan servicer shall:

(1) Keep all records for a minimum of three (3) years after satisfaction of a loan; and
(2) Use in its business such books, accounts, correspondence with borrowers, and records as will enable the commissioner to determine whether the servicer is complying with the provisions of this subtitle and administrative regulations or orders promulgated pursuant to this subtitle.

KRS 286.12-050

Added by 2022 Ky. Acts ch. 88,§ 6, eff. 7/13/2022.