2006 Kentucky Revised Statutes - .410   Definitions for 286.7-410 to 286.7-600.

286.7-410 Definitions for 286.7-410 to 286.7-600. As used in KRS 286.7-410 to 286.7-600, unless the context otherwise requires: (1)  "Executive director" means the executive director of financial institutions; (2)  "Certificate holder" means an industrial loan corporation organized under the provisions of KRS 286.7-410 to 286.7-600 to which a certificate, as defined in subsection (3) of this section, has been issued by the executive director. (3)  "Certificate" means a written instrument issued by the executive director authorizing the corporation therein named to do business under the provisions of KRS 286.7-410 to 286.7-600, except when used in the phrase "certificate of investment." Effective: July 13, 1984 History: Amended 1984 Ky. Acts ch. 388, sec. 11, effective July 13, 1984. -- Amended 1966 Ky. Acts ch. 255, sec. 237. -- Created 1962 Ky. Acts ch. 166, sec. 1. Formerly codified as KRS 291.410. 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. Legislative Research Commission Note (6/20/2005). 2005 Ky. Acts chs. 11, 85, 95, 97, 98, 99, 123, and 181 instruct the Reviser of Statutes to correct statutory references to agencies and officers whose names have been changed in 2005 legislation confirming the reorganization of the executive branch. Such a correction has been made in this section.