Excepting banks, no association or foreign association or any other person shall advertise or represent or accept or offer to accept any savings accounts in this state as insured accounts or as savings accounts of an insured institution unless the same are insured as provided in KRS 286.5-081, and any violation of this provision shall be a separate offense for each day of such violation and shall be a misdemeanor and shall be enjoined upon the application of the Attorney General, the commissioner or other state prosecuting official, or by any association in this state.
KRS 286.5-800
Amended 2010, Ky. Acts ch. 24, sec. 711, effective7/15/2010. -- Created 1964 Ky. Acts ch. 138, sec. 24(2)(a), effective 6/18/1964.