Kentucky Statutes 286.3-695 – Approval of state-chartered bank officers or directors required in certain instances
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Any officer or director removed from office pursuant to the provisions of KRS § 286.3-690 shall not serve as an officer or director of any state-chartered bank without prior written approval of the commissioner.
Effective: July 15, 1986
History: Created 1986 Ky. Acts ch. 444, sec. 15, effective July 15, 1986.
Formerly codified as KRS § 287.695.
Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286, and KRS references within this statute have been adjusted to conform with the 2006 renumbering of that code.
Effective: July 15, 1986
Terms Used In Kentucky Statutes 286.3-695
- Commissioner: means the commissioner of financial institutions. See Kentucky Statutes 286.3-010
- Director: means a member of the board of directors. See Kentucky Statutes 286.3-010
- Statute: A law passed by a legislature.
History: Created 1986 Ky. Acts ch. 444, sec. 15, effective July 15, 1986.
Formerly codified as KRS § 287.695.
Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286, and KRS references within this statute have been adjusted to conform with the 2006 renumbering of that code.