Download as PDF
286.3-660 Annual report of commissioner.
Each June, the commissioner shall make a report to the Governor setting forth:
(1) A summary of the condition of every bank or trust company organized and
doing business under the laws of this state, subject to examination and
inspection under this subtitle, and such other information relating to such banks
and trust companies, as, in the commissioner's judgment, may be useful;
(2) A statement of every bank or trust company whose business has been closed
during the year, that has failed or voluntarily retired during the year;
(3) The name of banks or trust companies placed in the commissioner's hands in
process of liquidation, and the amount of dividends paid thereon;
(4) Any proposed amendment of the laws relating to banks and trust companies,
by which the system, in the commissioner's judgment, may be improved, and
by which the security of creditors, depositors, and stockholders may be
increased.
Effective:July 15, 2010
Formerly codified as KRS 287.660.
History: Amended 2010 Ky. Acts ch. 24, sec. 645, effective July 15, 2010. -Amended 1984 Ky. Acts ch. 324, sec. 37, effective July 13, 1984. -- Amended
1966 Ky. Acts ch. 255, sec. 231. -- Recodified 1942 Ky. Acts ch. 208, sec. 1,
effective October 1, 1942, from Ky. Stat. sec. 165a-21.
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.
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.