Kentucky Revised Statutes
Includes enactments through the 2025 Regular Session
Chapter titles, centered headings, section catchlines, and explanatory notes are for informational purposes only and do not constitute any part of the law. For general laws governing construction of statutes, see KRS Chapter 446.
The KRS database was last updated on 01/15/2026
.010 Repealed, 1960.
.020 Repealed, 1960.
.030 Repealed, 1960.
.040 Repealed, 1950.
.050 Repealed, 1946.
.060 Repealed, 1950.
.070 Repealed, 1960.
.080 Repealed, 1944.
.100 Renumbered as KRS 286.2-100.
.105 Renumbered as KRS 286.2-105.
.1-010 Definitions for chapter.
.1-011 Department of Financial Institutions -- Appointment of commissioner and deputy commissioner -- Seal -- Functions -- Divisions within department.
.1-012 Repealed, 2024.
.1-013 Financial Institutions Board -- Duties.
.1-020 Duties of commissioner -- Administrative regulations.
.1-025 Repealed, 2024.
.1-440 Appointment of examiners -- Oath -- Restrictions on debt and stock ownership -- Contracts for services of agency's examiners.
.1-485 Disposition of fees collected under various KRS provisions.
.2-010 Application of chapter.
.2-015 Political subdivisions prohibited from enacting or enforcing legislation governing matters preempted by state or federal law -- Exception for civil rights.
.2-020 Required disclosure of services provided by Kentucky Homeownership Protection Center.
.2-030 Repealed, 2024.
.2-040 Examination of service provider by commissioner or other state or federal regulatory agency -- Confidentiality and evidentiary value of report -- Examination fees -- Cooperative agreements.
.2-100 Repealed, 2024.
.2-105 Examination of contents of a decedent's safe deposit box to find will or funeral arrangements -- Definitions for section.
.2-670 Foreign financial institutions, activities deemed not transacting business in Kentucky.
.2-680 Repealed, 2024.
.2-685 Renumbered as KRS 286.3-027.
.2-990 Civil penalty for violation of subtitle.
.3-010 Definitions for subtitle.
.3-020 Approval of application for charter -- Prerequisites to financial institution doing business under its charter -- Waiver in cases of merger or consolidation.
.3-025 Prohibitions against transacting banking or trust business in this state.
.3-027 Prohibition against use of certain banking-related words and characters or financial institution trademarks by unauthorized person -- Exceptions -- Enforcement and penalties.
.3-030 Repealed, 2024.
.3-040 Who may organize -- Number of directors required.
.3-050 Organization to be approved by commissioner.
.3-060 Oath required of each director before transacting business and upon any election or reelection -- Oath to be filed with commissioner and subject to review -- Duty of officer or director.
.3-065 Repealed, 2024.
.3-070 Minimum capital stock required -- Reduction in capital stock -- Preferred capital stock.
.3-080 Repealed, 2024.
.3-090 Repealed, 2024.
.3-095 Change in control or certain loans to be reported to commissioner -- Contents of report.
.3-100 Investment of bank funds -- Property that may be held -- Accounting standards.
.3-101 Authorization to engage in any banking activity allowed for national banks -- Administrative regulation or order.
.3-102 Activities permitted to state bank receiving CAMELS rating of 1 or 2 -- Section not applicable to deferred deposit transactions or title pledge lending.
.3-103 Investment in property.
.3-105 Bank may acquire and hold personal property at request of customer -- Property deemed collateral.
.3-110 Investment of funds held in fiduciary capacity -- Capital stock liable for fiduciary obligations.
.3-115 Capital notes and debentures may be issued -- Conditions.
.3-135 Banker's bank authorized -- Limitations on holdings -- Issuance of charter.
.3-140 Amendment of articles and reorganization to engage in a trust business -- Consolidation -- Transfer of fiduciary account to affiliate.
.3-145 Trust company -- Scope of activities -- Acquisition of office within or outside of this state by trust company -- Rights, privileges, obligations, and liabilities of selling trust company.
.3-146 Out-of-state trust company doing business in Kentucky -- Scope of activities -- Fiduciary-related activities limited by reciprocity -- Evidence and notice to be provided to commissioner.
.3-150 Repealed, 2024.
.3-160 Repealed, 2024.
.3-170 Repealed, 2024.
.3-172 Conditions of and procedure for conversion of national banking association to state bank or merger or consolidation with state bank.
.3-173 Conversion of state bank to or merger with national banking association.
.3-174 Repealed, 2024.
.3-180 Banking business, where done -- Branch banks -- Application for change in principal office or branch location.
.3-183 Repealed, 2024.
.3-185 Repealed, 2024.
.3-187 Bank acting as agent of another financial institution -- Filing -- Commissioner's approval -- Scope of activities.
.3-190 Powers of banks.
.3-193 Hours and days of bank operation.
.3-199 Closing of banks -- Emergency.
.3-200 Repealed, 2024.
.3-210 Powers of banks or trust companies.
.3-212 Deposit of securities with district federal reserve bank by bank acting as fiduciary or custodian for fiduciary -- Accounting and crediting of deposits.
.3-214 Rate of interest allowed on loans of $15,000 or less -- Trust company not to extend credit -- Exception.
.3-215 Repealed, 2024.
.3-218 Definitions for KRS 286.3-219 and 286.3-220.
.3-219 Continuation of trust by corporate trustee -- Limitations -- Application.
.3-220 Corporate fiduciaries subject to laws governing individuals -- Security on bonds -- Ability to serve as trustee of multiple trusts with common or nonidentical beneficiaries.
.3-225 Appointment of a nominee by banking institutions acting in a fiduciary capacity.
.3-230 Common trust funds -- Consent of cofiduciary.
.3-235 Common trust fund not separate entity for tax purposes -- Circumstances when no gain or loss to be recognized.
.3-240 Real estate mortgage investment fund -- Participation certificates.
.3-250 Operation of real estate mortgage investment fund.
.3-260 Liquidation of investment fund.
.3-270 Fiduciary may act in own name -- Records -- Investments not subject to debts of fiduciary.
.3-272 Investment of fiduciary assets in company or trust associated with investing institution -- Fee.
.3-275 Limits on liability of bank or trust company acting as fiduciary.
.3-277 Standards for bank or trust company acting as fiduciary.
.3-280 Maximum debt of persons to bank or trust company.
.3-290 Exceptions to maximum debt to banks.
.3-300 Required reserves.
.3-310 Bank may own stock in federal reserve bank or Federal Deposit Insurance Corporation.
.3-320 Federal Deposit Insurance Corporation to be subrogated to rights against closed banks.
.3-330 Assets may be pledged or surety bonds provided as collateral security -- Security not required if deposit insured.
.3-340 Repealed, 2024.
.3-350 When dividends may be declared.
.3-375 Preservation of bank records.
.3-380 Deposits by minors.
.3-385 Repealed, 2024.
.3-420 Repealed, 2010.
.3-450 Examination -- Procedure -- Agreement to examine and supervise branches -- Joint examination and enforcement actions.
.3-455 Commonwealth or its employees not liable for failure to disclose financial condition of bank or trust company.
.3-460 Duties of examiners.
.3-470 Information obtained by examination to be confidential -- Exceptions -- Reports as evidence.
.3-480 Fees to be paid commissioner for services.
.3-490 Reports to be made to commissioner -- Contents -- Information from officer, director, or board to commissioner.
.3-530 Examination of institutions in hands of receiver -- Reports of receivers.
.3-630 Transfer of assets to another bank -- Procedure -- Publication of notice.
.3-640 Relief to aggrieved shareholders.
.3-660 Annual report of commissioner.
.3-690 Cease and desist orders -- Orders of suspension or removal from office -- Appeal -- Enforcement of orders.
.3-695 Approval of state-chartered bank officers or directors required in certain instances.
.3-710 Repealed, 2024.
.3-720 Repealed, 2024.
.3-730 Repealed, 2024.
.3-740 Repealed, 2024.
.3-750 Repealed, 2024.
.3-760 Repealed, 2024.
.3-765 Repealed, 2024.
.3-770 Repealed, 2024.
.3-800 Recognition of adverse claim to a deposit.
.3-820 Operation of loan production office by bank.
.3-850 Definitions for KRS 286.3-852 to 286.3-884.
.3-852 Applicability of KRS 286.3-850 to 286.3-884.
.3-854 Closing of bank by commissioner -- Written statement of grounds -- Appointment of receiver.
.3-856 Tender of appointment as receiver to FDIC.
.3-858 Vesting of assets in receiver.
.3-860 Notice of closing to be posted -- Effect.
.3-862 Powers and duties of receiver.
.3-864 "Preference" defined.
.3-866 Sale of assets by receiver -- Borrowing from FDIC by receiver.
.3-868 Claims procedure -- Publication -- Rejection of claim -- Petition to receivership court.
.3-870 Late claim's share in undistributed assets.
.3-872 Order of payment of claims.
.3-874 Rights of receiver under participation agreements.
.3-876 Receiver's election to reject a lease -- Effect.
.3-878 FDIC subrogated to rights of depositors.
.3-880 Receiver to appoint successor to bank's rights, assets, obligations.
.3-882 KRS 286.3-850 to 286.3-884 is exclusive procedure for appointment of receiver or liquidating agent.
.3-884 Destruction of closed bank's records.
.3-900 Definitions of terms used in this section and KRS 286.3-905 -- Acquisition of in-state banks -- Limitations -- In-county merger or consolidation.
.3-905 Filing of application to acquire bank with commissioner -- Examination of applicant -- Cooperative agreements by commissioner to examine out-of-state bank or exchange confidential information.
.3-910 Illegal acquisitions.
.3-915 Bank combinations -- Operation of a combined bank as a branch of the surviving bank -- Transfer of combined bank's main office and branches -- Definitions.
.3-920 Definitions for section -- Interstate merger transactions -- Restrictions -- Combinations of commonly controlled banks -- Scope of activities of branch outside home state.
.3-990 Penalties.
.4-410 Definitions -- Application of subtitle.
.4-420 License required for finance companies -- Evidence of existing licenses.
.4-425 Commissioner's coordination with State Regulatory Registry and other agencies.
.4-430 Form of application -- Contents.
.4-440 Application and license fees.
.4-450 Bonding requirements for applications submitted on or after January 1, 2020 -- Demonstration of financial condition -- Managing principal -- Background check -- Incomplete application -- Approval or rejection of application -- Time limit -- Appeal -- Hearing -- Eligibility if license denied.
.4-460 License -- Contents -- Transfer -- Place of business -- Change -- Name on license.
.4-465 Approval of change of control -- Application -- Fees -- Determination of whether proposed transaction constitutes change of control.
.4-470 Limitation on locations at which business may be conducted -- Construction of subtitle regarding types of loans.
.4-480 Duration of license -- Payment of annual fee -- Expiration -- Reinstatement.
.4-490 Reasons for adverse action or cease-and-desist order -- Locations at which adverse action applies -- Eligibility if license revoked -- Effect of adverse action -- Complaint -- Relief -- Civil penalty.
.4-495 Emergency orders -- Grounds -- Hearing -- Duration of emergency order.
.4-500 Notice of license denial -- Administrative complaint -- Hearings and final orders -- Findings -- Service by certified mail.
.4-505 Administrative hearing for person or licensee aggrieved by final decision of commissioner.
.4-520 Prohibited advertisements and statements.
.4-530 Basic, default, and deferment charges -- Refund upon prepayment -- Reduction when installments in default -- Charges computed on unpaid balance -- Principal may include balance on prior loan -- Loan entered into within 10 days of another loan -- Restrictions on interest and consideration.
.4-533 Authorized charges for extension of credit.
.4-535 Closing costs collectible when liens on real estate taken as security.
.4-540 Duties of licensee.
.4-545 Agent for service of process.
.4-547 Compliance with federal and state laws -- Regulatory penalties.
.4-550 Time of installment payments.
.4-560 Insurance.
.4-570 Wage purchases -- Assignment of compensation.
.4-580 Prohibited conduct -- No contract or loan without scheduled repayment -- Lien on real estate as security.
.4-590 Licensee to make annual report.
.4-600 Licensee's records -- Retention -- Notice of cessation -- Custodian of records -- Request for destruction -- Withholding or altering records.
.4-605 Confidential and privileged documents -- Commissioner's powers -- Privilege or claim of confidentiality not waived.
.4-610 Commissioner's power to issue administrative regulations and examine licensees -- Investigations -- Enforcement of subpoena -- Powers of commissioner.
.4-613 Effect of conformity with notice, opinion, or interpretation of commissioner.
.4-615 Commonwealth or its employees not liable for failure to disclose financial condition of consumer loan company.
.4-620 Public policy relating to loans of $15,000 or less -- Loans outside state.
.4-630 Repealed, 2019.
.4-640 Effect of future amendment of this subtitle.
.4-990 Civil penalties -- Actions by commissioner against violators -- Recovery of penalties and fees.
.4-991 Penalties.
.5-005 Repealed, 2024.
.5-011 Repealed, 2024.
.5-021 Repealed, 2024.
.5-022 Repealed, 2024.
.5-024 Repealed, 2024.
.5-025 Repealed, 2024.
.5-031 Repealed, 2024.
.5-041 Repealed, 2024.
.5-051 Repealed, 2024.
.5-061 Repealed, 2024.
.5-071 Repealed, 2024.
.5-081 Repealed, 2024.
.5-091 Repealed, 2024.
.5-101 Repealed, 2024.
.5-111 Repealed, 2024.
.5-121 Repealed, 2024.
.5-131 Repealed, 2024.
.5-141 Repealed, 2024.
.5-151 Repealed, 2024.
.5-161 Repealed, 2024.
.5-171 Repealed, 2024.
.5-181 Repealed, 2024.
.5-191 Repealed, 2024.
.5-201 Repealed, 2024.
.5-211 Repealed, 2024.
.5-221 Repealed, 2024.
.5-225 Repealed, 2024.
.5-231 Repealed, 2024.
.5-241 Repealed, 2024.
.5-251 Repealed, 2024.
.5-261 Repealed, 2024.
.5-271 Repealed, 2024.
.5-281 Repealed, 2024.
.5-291 Repealed, 2024.
.5-301 Repealed, 2024.
.5-311 Repealed, 2024.
.5-321 Repealed, 2024.
.5-331 Repealed, 2024.
.5-341 Repealed, 2024.
.5-351 Repealed, 2024.
.5-361 Repealed, 2024.
.5-371 Repealed, 2024.
.5-381 Repealed, 2024.
.5-391 Repealed, 2024.
.5-401 Repealed, 2024.
.5-411 Repealed, 2024.
.5-421 Repealed, 2024.
.5-431 Repealed, 2024.
.5-435 Repealed, 2024.
.5-441 Repealed, 2024.
.5-451 Repealed, 2024.
.5-461 Repealed, 2024.
.5-471 Repealed, 2024.
.5-481 Repealed, 2024.
.5-491 Repealed, 2024.
.5-501 Repealed, 2024.
.5-511 Repealed, 2024.
.5-521 Repealed, 2024.
.5-531 Repealed, 2024.
.5-541 Repealed, 2024.
.5-551 Repealed, 2024.
.5-561 Repealed, 2024.
.5-571 Repealed, 2024.
.5-581 Repealed, 2024.
.5-591 Repealed, 2024.
.5-601 Repealed, 2024.
.5-611 Repealed, 2024.
.5-621 Repealed, 2024.
.5-631 Repealed, 2024.
.5-641 Repealed, 2024.
.5-651 Repealed, 2024.
.5-661 Foreign associations prohibited -- Exceptions.
.5-680 Repealed, 2024.
.5-690 Repealed, 2024.
.5-700 Repealed, 2024.
.5-702 Repealed, 2024.
.5-705 Repealed, 2024.
.5-710 Repealed, 2024.
.5-720 Repealed, 2024.
.5-730 Repealed, 2024.
.5-740 Repealed, 2024.
.5-750 Repealed, 2024.
.5-760 Repealed, 2024.
.5-770 Repealed, 2024.
.5-780 Repealed, 2024.
.5-790 Repealed, 2024.
.5-800 Repealed, 2024.
.5-805 Repealed, 2024.
.5-810 Repealed, 2024.
.5-850 Repealed, 2024.
.5-900 Repealed, 2024.
.5-905 Repealed, 2024.
.5-910 Repealed, 2024.
.5-991 Repealed, 2024.
.6-005 Definitions.
.6-012 Administrative hearing request.
.6-015 Organization procedure.
.6-025 Form of articles and bylaws.
.6-035 Amendment of articles of incorporation or bylaws.
.6-045 Use of name exclusive.
.6-055 Office facilities.
.6-065 Out-of-state credit unions.
.6-070 Supervision by commissioner.
.6-075 General powers of credit union.
.6-085 Incidental powers.
.6-090 Reports.
.6-092 Failure to make reports or pay charges -- Notice of charges -- Injunctions.
.6-095 Rules of commissioner.
.6-100 Supervision by commissioner -- Financial reports -- Examination -- Fees.
.6-105 Commonwealth or its employees not liable for failure to disclose financial condition of credit union.
.6-107 Membership defined.
.6-115 Tax exemption.
.6-125 Retention of membership.
.6-135 Liability of members.
.6-145 Annual meeting.
.6-155 Board of directors -- Supervisory committee -- Simultaneous appointments prohibited.
.6-165 Record of officials.
.6-175 Vacancies.
.6-185 Confidentiality.
.6-195 Pecuniary interest of officer.
.6-205 Officers of board.
.6-215 Authority of directors.
.6-225 Specific duties of board.
.6-235 Executive committee.
.6-245 Meetings of board or executive committee.
.6-255 Credit committee.
.6-265 Credit manager.
.6-275 Loan officers -- Appeal from disapproval of loan.
.6-285 Annual audit.
.6-296 Suspension and removal of officers -- Review of such actions -- Injunction.
.6-305 Special meetings of members.
.6-315 Capital of credit union.
.6-320 "Credit card guaranty" defined -- Requirement to insure validity.
.6-325 Dividends -- Approval of commissioner required prior to payment.
.6-335 Deposits.
.6-345 Special purpose accounts.
.6-355 Withdrawal of assets by member.
.6-365 Minors' accounts.
.6-375 Joint accounts.
.6-385 Trust accounts.
.6-395 Lien of credit union.
.6-405 Credit union insurance on shares and deposits.
.6-415 Reduction in shares.
.6-425 Purposes of loans -- Conditions of loans.
.6-435 Interest rate.
.6-445 Charges for failure to meet obligations.
.6-450 Expulsion and withdrawal of members.
.6-455 Application form.
.6-465 Maximum loan.
.6-475 Security.
.6-485 Installments.
.6-495 Line of credit.
.6-505 First mortgage loans.
.6-515 Other loan programs.
.6-525 Loans to credit union officials.
.6-535 Insurance for members.
.6-545 Insurance for credit union officials.
.6-555 Group purchasing.
.6-565 Money transfers for convenience of members.
.6-575 Trustee or custodian.
.6-585 Investments.
.6-595 Reserves.
.6-605 Use of regular reserve.
.6-615 Risk assets.
.6-625 Special reserves.
.6-635 Taxation of real and personal property.
.6-645 Expenses not payable out of general fund of Kentucky.
.6-700 Suspension of credit union operations.
.6-705 Voluntary liquidation -- Filing certificate of dissolution.
.6-710 Merger of credit union.
.6-715 Conversion of credit union.
.6-990 Penalties.
.6-991 Penalties.
.7-410 Repealed, 2024.
.7-420 Repealed, 2024.
.7-430 Repealed, 2024.
.7-440 Repealed, 2024.
.7-450 Repealed, 2024.
.7-460 Repealed, 2024.
.7-480 Repealed, 2024.
.7-490 Repealed, 2024.
.7-500 Repealed, 2024.
.7-510 Repealed, 2024.
.7-520 Repealed, 2024.
.7-530 Repealed, 2024.
.7-535 Repealed, 2024.
.7-540 Repealed, 2024.
.7-550 Repealed, 2024.
.7-580 Repealed, 2024.
.7-590 Repealed, 2024.
.7-600 Repealed, 2024.
.7-990 Repealed, 2024.
.8-010 Definitions for subtitle.
.8-012 Administrative hearing request.
.8-020 Exemptions.
.8-030 Transaction of business prohibited without license -- Effect of issuance of license -- Unique identifier.
.8-032 Application for license.
.8-034 Issuance and renewal of license -- Fees.
.8-036 Rules concerning use of license -- Alternate work location.
.8-038 Repealed, 2009.
.8-040 Repealed, 2009.
.8-042 Repealed, 2009.
.8-044 Notice of order in writing -- Administrative complaint -- Service -- Hearing.
.8-046 Civil penalty for violation of subtitle, administrative regulation, or order -- Order for restitution, refund, recovery of expenses.
.8-048 Emergency orders by commissioner -- Grounds -- Hearing -- Period order to remain in effect.
.8-060 Surety bonds required -- Uses of bonds -- New or supplemental bonds.
.8-070 Company name.
.8-075 Change of control.
.8-080 Factors for use by commissioner in determining approval or disapproval of application.
.8-090 Denial, suspension, or revocation of license -- Jurisdiction of Franklin Circuit Court.
.8-100 Branch offices.
.8-110 Rates -- Mortgage required as evidence of real estate loan -- Delinquency charges -- Attorneys' fees -- Charges made part of note -- Limits on prepayment penalties.
.8-120 Fees and charges in addition to interest -- Letters of commitment -- Failure to fulfill terms constitutes default.
.8-125 Limitation on loan originator's fee.
.8-130 Escrow account -- Interest -- Accounting.
.8-140 Powers of commissioner.
.8-150 Records filed with commissioner open to public inspection -- Exception.
.8-160 Records to be kept by company -- Filing of financial report and correcting amendment -- Requirements if business discontinued -- Location of records -- Request for destruction of records.
.8-170 Places where records required to be kept -- Examination by commissioner -- Fee -- Access to records -- Reports.
.8-175 Confidentiality of examination reports and information -- Exceptions -- Prima facie evidence.
.8-180 Conduct of examination -- Cost of investigation or hearing.
.8-190 Grounds for investigation -- Action commissioner may take after investigation.
.8-200 Repealed, 2009.
.8-210 Judicial review.
.8-220 Prohibited acts.
.8-225 Mortgage fraud prosecution fund -- Funding -- Expenditures.
.8-227 Collection of civil penalties to be deposited in mortgage fraud prosecution fund -- Distribution -- Administrative regulations.
.8-230 Repealed, 2009.
.8-240 Short title.
.8-250 Mortgage loan brokers to maintain physical location.
.8-255 Registration with department required for mortgage loan originator -- Renewals -- Continuing education requirement -- Background checks -- Originators subject to other laws -- Minimum standards for registration -- Mortgage loan processors not required to register -- Continuing education and standards for processors -- Renewal of originator registration -- Limitation of loan origination services.
.8-256 Certain mortgage loan processors not to claim ability to act as mortgage loan originators.
.8-260 Continuing professional education required for persons registered under subtitle -- Termination and surrender of registration for failure to comply.
.8-270 Duties of mortgage loan broker -- Advanced disclosure of fee required.
.8-275 Reporting of violations of subtitle -- Duties of commissioner -- No waiver of privilege or claim of confidentiality.
.8-280 Limitation of liability.
.8-285 Participation in Nationwide Multistate Licensing System and Registry -- Duties -- Reporting.
.8-290 Certain mortgage loan originators exempt from specified requirements of subtitle -- Commissioner's access to records.
.8-295 Mortgage loan company and mortgage loan broker to exercise control over operations, employees, and company affairs -- Requirements for alternate work location.
.8-300 Severability of subtitle's provisions.
.8-990 Kentucky Residential Mortgage Fraud Act -- Provisions -- Criminal proceedings -- Penalties.
.9-010 Definitions for subtitle.
.9-020 Requirement of license.
.9-030 Exemptions from applicability of this subtitle.
.9-035 Deferred deposit transaction agreement with unlicensed person void.
.9-040 Qualifications for license -- Liability of surety.
.9-050 Manner of application for license -- Form.
.9-060 Materials to accompany application -- Investigation fee.
.9-070 Investigation by department -- Issuance of license -- Posting of license -- License period -- Licensee's duty to notify department -- Transfer or assignment of license -- Abandonment.
.9-071 Ban on issuance of additional deferred deposit service business licenses.
.9-072 Compliance with federal and state law required.
.9-073 Agent for service of process required.
.9-074 Recordkeeping requirements of licensees.
.9-075 Complaints filed against licensees -- Investigative powers of commissioner.
.9-080 Licenses -- Renewal and reinstatement.
.9-090 Authority to promulgate administrative regulations -- Compliance examination and fee -- Examination, inspection, and confidentiality of records -- Powers of commissioner.
.9-100 Procedures to be followed by licensees.
.9-102 Requirements of disclosure by licensees -- Fees and service charges -- Acceptance, payment, and deposit of checks.
.9-104 Annual reports filed by licensees with commissioner.
.9-105 Filing reports of federal currency reporting, recordkeeping, and suspicious transaction reporting.
.9-107 Reports to and use of nationwide licensing system.
.9-110 Revocation or suspension of license -- Effect of denial, revocation, suspension, expiration, or surrender of license -- Circuit Court remedy.
.9-120 Administrative complaint -- Hearing for denial, suspension, or revocation of license.
.9-125 Emergency order suspending, conditioning, limiting, or restricting a license.
.9-128 Consent order for resolution of matters arising under subtitle.
.9-130 Stay, suspension, or postponement of order.
.9-140 Database of outstanding deferred deposit transactions -- Submitting and accessing data.
.9-990 Penalty for violation of this subtitle.
.9-991 Civil penalty for violation of subtitle.
.10-200 Repealed, 2024.
.10-205 Repealed, 2024.
.10-210 Repealed, 2024.
.10-215 Repealed, 2024.
.10-220 Repealed, 2024.
.10-225 Repealed, 2024.
.10-230 Repealed, 2024.
.10-235 Repealed, 2024.
.10-240 Repealed, 2024.
.10-245 Repealed, 2024.
.10-250 Repealed, 2024.
.10-255 Repealed, 2024.
.10-260 Repealed, 2024.
.10-265 Repealed, 2024.
.10-270 Repealed, 2024.
.10-275 Repealed, 2024.
.10-280 Repealed, 2024.
.10-285 Repealed, 2024.
.10-991 Repealed, 2024.
.11-001 Short title.
.11-003 Definitions for subtitle.
.11-005 License required for persons engaging in money transmission -- Prohibition against transfer or assignment of license.
.11-007 Exemptions.
.11-009 Contents of application -- Additional information to be provided by corporate applicants -- Power of commissioner to waive requirements.
.11-011 Minimum net worth of licensee.
.11-013 Bond or other security devices.
.11-015 Permissible investments -- Power of commissioner to define permissible investments -- All permissible investments deemed to be held in trust for benefit of purchasers and holders.
.11-017 Application fee and license fee.
.11-019 Powers of commissioner to approve, deny, or refuse to issue or renew licenses -- Procedure for hearing and appeal upon denial of license -- Reapplication after denial.
.11-021 Renewal of license and annual report -- Expiration and reinstatement of license.
.11-023 Extraordinary reporting requirements.
.11-025 Changes in control of a licensee.
.11-027 Examinations and investigations.
.11-029 Maintenance of records.
.11-031 Filing and maintenance of reports required by federal and state law governing money laundering.
.11-032 Definition -- Commissioner's power to order submission of required filings to the registry, its parent or affiliate, and other agencies or authorities -- Power to establish relationships or contracts with governmental agencies and the registry or its affiliates -- Report of violations, enforcement actions, and other relevant information -- Procedure for requesting information from and distributing information to the United States Department of Justice.
.11-033 Confidentiality of data submitted to commissioner.
.11-035 Authorized agent contracts.
.11-037 Authorized agent conduct -- Commingled proceeds deemed trust funds -- Agent's duty to report to licensee.
.11-039 Suspension or revocation of license -- Procedure for hearing and appeal upon suspension or revocation -- Limitations upon reissue of license -- Factors to be considered by commissioner.
.11-041 Suspension or revocation of designation of an agent -- Factors to be considered by commissioner -- Procedure for hearing and appeal upon revocation of designation -- Limitations upon future designation of agent after revocation.
.11-043 Power of commissioner to issue cease and desist orders -- Petition for temporary or permanent injunction.
.11-045 Emergency order governing suspension, limitation, or restriction of license or designation of agent -- Appeal from emergency order.
.11-047 Civil penalties.
.11-049 Consent orders.
.11-051 Commissioner's power to stay orders pending exhaustion of administrative remedies.
.11-053 Right of aggrieved person to apply for administrative hearing -- Appeal from final order to Franklin Circuit Court.
.11-055 Right of aggrieved person to file written complaint with commissioner -- Commissioner's power to investigate and resolve complaints -- Suspension of license for noncompliance with subpoena -- Petition to court for enforcement.
.11-057 Penalties.
.11-059 Administrative proceedings to be conducted under KRS Chapter 13B.
.11-061 Powers and duties of department and commissioner relating to the regulation, supervision, and licensing of money transmitters.
.11-063 Licensees and agents to comply with all applicable federal and state laws.
.11-065 Licenses issued under provisions of former KRS Chapter 366 to remain in force.
.11-067 General Assembly intends to ensure safe and sound operation of money transmission in the Commonwealth.
.12-005 Legislative findings and declarations.
.12-010 Definitions for subtitle.
.12-020 License as student education loan servicer -- Exemptions -- Persons servicing federal loans.
.12-030 Application for license -- Requirements -- Denial -- Abandoned application -- License not transferable.
.12-040 Proposed change of control of licensee -- Information to be submitted -- Commissioner's determination and approval.
.12-050 Records of student education loan servicer.
.12-060 Reports.
.12-070 Assessment fee -- Renewal report.
.12-080 Prohibited practices.
.12-085 Compliance with federal and state laws.
.12-090 Cooperation with commissioner by State Regulatory Registry and other agencies.
.12-100 Examinations and investigations by commissioner -- Confidentiality of information -- Prima facie evidence -- Enforcement of subpoena -- Use of specialists -- Examination of affiliates.
.12-110 Order to condition, deny, suspend, or revoke license.
.12-120 Emergency orders.
.12-130 Administrative complaint.
.12-135 Judicial review of order -- Additional evidence -- Appeal.
.12-140 Civil penalties and other remedies.
.12-150 Federal laws and regulations.
.12-155 Civil right of action.