Ky. Rev. Stat. § 286.6-495

Current through 2024 Ky. Acts ch. 225
Section 286.6-495 - Line of credit

Upon written application by a member, the credit committee or credit manager may approve a self-replenishing line of credit, and loan advances may be granted to the member within the limit of such line of credit. Where a line of credit has been approved, no additional loan application is required as long as the aggregate indebtedness does not exceed the approved limit.

KRS 286.6-495

Effective:7/13/1984
Created 1984 Ky. Acts ch. 408, sec. 50, effective7/13/1984.