Statutes, codes, and regulations
Kentucky Revised Statutes
Title 25 - BUSINESS AND FINANCIAL INSTITUTIONSChapter 286 - KENTUCKY FINANCIAL SERVICES CODE
Subtitle 286.2 - FINANCIAL INSTITUTIONS GENERALLY
Section 286.2-680 - Foreign financial institutions, when not required to qualify as doing business - Nexus requirement

Ky. Rev. Stat. § 286.2-680

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Current through Acts Received April 24, 2024
Section 286.2-680 - Foreign financial institutions, when not required to qualify as doing business - Nexus requirement

No foreign financial institution solely by reason of engaging in any one (1) or more of the activities set forth in KRS 286.2-670 shall be required to qualify to do business in this Commonwealth. Notwithstanding the foregoing, a financial institution, as defined in KRS 136.500, is subject to taxation within this Commonwealth if it meets the nexus requirement of KRS 136.520.

KRS 286.2-680

Effective:6/25/2009
Amended 2009, Ky. Acts ch. 104, sec. 25, effective6/25/2009. -- Amended 1996, Ky. Acts ch. 254, sec. 37, effective 7/15/1996. -- Created 1970 Ky. Acts ch. 228, sec. 2, effective 6/18/1970.