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2020 Kentucky Revised Statutes
Chapter 286 - Kentucky financial services code
Subtitle 286.6 - Credit Unions
286.6-575 Trustee or custodian.

Universal Citation: KY Rev Stat § 286.6-575 (2020)
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286.6-575 Trustee or custodian. (1) (2) A credit union may act as trustee or custodian of: (a) Individual retirement accounts authorized by federal or state law; (b) Pension funds of self-employed individuals or of a company or organization sponsoring the credit union; or (c) Other similar retirement or pension plans, with authorization from the commissioner. A credit union may act as trustee under pension and profit-sharing plans with authorization from the commissioner. Effective: July 15, 2010 History: Amended 2010 Ky. Acts ch. 24, sec. 737, effective July 15, 2010. -- Created 1984 Ky. Acts ch. 408, sec. 58, effective July 13, 1984. Formerly codified as KRS 290.575. 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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