Ky. Rev. Stat. § 286.3-460

Current through 2024 Ky. Acts ch. 225

Section 286.3-460 - Duties of examiners

In examinations under KRS 286.3-450 the examining officer shall investigate:

(1) The cash, bills, collateral, securities, other assets, books of account, and all other papers and books of the bank or trust company;

(2) The condition and resources of the bank, the mode of conducting and managing its affairs, the actions of its directors, the investment and disposition of its funds, the safety and prudence of its management and the security afforded to those by whom its engagements are held;

(3) Whether the requirements of its charter and of the laws of this state have been complied with in the administration of its affairs; and

(4) Such other matters as the commissioner deems necessary.

KRS 286.3-460

Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 640, effective7/15/2010. -- Amended 1984 Ky. Acts ch. 324, sec. 32, effective 7/13/1984. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 165a-8.