Statutes, codes, and regulations
Kentucky Revised Statutes
Title 25 - BUSINESS AND FINANCIAL INSTITUTIONSChapter 286 - KENTUCKY FINANCIAL SERVICES CODE
Subtitle 286.5 - SAVINGS AND LOAN ASSOCIATIONS
Section 286.5-690 - Commissioner and examiners to have no interest in association

Ky. Rev. Stat. § 286.5-690

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Current through Acts Received April 24, 2024
Section 286.5-690 - Commissioner and examiners to have no interest in association

The commissioner and examiners shall not be interested in an association, directly or indirectly, either as creditor (except that each may be a savings account holder and receive dividends thereon), director, officer, employee, borrower, trustee or attorney, nor shall any one (1) of them receive, directly or indirectly, any payment, compensation or gratuity from any association.

KRS 286.5-690

Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 700, effective7/15/2010. -- Created 1964 Ky. Acts ch. 138, sec. 48, effective 6/18/1964.