286.1-012 Appointment of commissioner -- Qualifications.
The Governor, in accordance with KRS 12.040, shall appoint as commissioner of <br>financial institutions a person knowledgeable in banking with not less than three (3) years' <br>banking experience. For this purpose, "banking experience" means service as an <br>executive officer in a bank with its principal office located in Kentucky or service in a <br>supervisory capacity in a state or federal agency having regulatory authority over banks or <br>other financial institutions.
Effective: July 15, 2010 <br>History: Amended 2010 Ky. Acts ch. 24, sec. 608, effective July 15, 2010. -- Amended
1984 Ky. Acts ch. 324, sec. 3, effective July 13, 1984; and ch. 388, sec. 4, effective <br>July 13, 1984. -- Amended 1976 Ky. Acts ch. 86, sec. 13, effective March 29, 1976. -<br>- Created 1946 Ky. Acts ch. 191, sec. 2.
Formerly codified as KRS 287.012. <br>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 <br>Kentucky Financial Services Code, KRS Chapter 286.
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
