There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
Subtitle 6. Credit Unions
286.6.495 Line of credit.
Download pdfapprove a self-replenishing line of credit, and loan advances may be granted to the
member within the limit of such line of credit. Where a line of credit has been approved,
no additional loan application is required as long as the aggregate indebtedness does not
exceed the approved limit. Effective: July 13, 1984
History: Created 1984 Ky. Acts ch. 408, sec. 50, effective July 13, 1984.
Formerly codified as KRS 290.495.
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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