There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 5. Savings and Loan Associations
286.5.531 Acquisition and ownership of real estate.
Download pdftime within five (5) years after it has acquired title. (2) Any association may acquire and own real estate for the purpose of occupying it as its own business building and may derive a revenue from the portions of such real
estate not required for its own use. Real estate so held may be sold, conveyed or
exchanged. Effective: June 18, 1964
History: Created 1964 Ky. Acts ch. 138, sec. 33, effective June 18, 1964.
Formerly codified as KRS 289.531.
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.
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