Subtitle 3. Banks and Trust Companies

• 286.3–010 Definitions for Subtitle
• 286.3–020 Approval of Application for Charter;  Prerequisites to Financial Institution Doing Business Under Its Charter
• 286.3–025 Prohibition Against Transacting Business Before Issuance of Charter
• 286.3–030 Limitation on Right to Engage in Business;  Authorization for Kentucky Chartered Banks and Subsidiaries to Sell Insurance;  Names to be Used by Branch Offices
• 286.3–040 Who May Organize;  Number of Directors Required
• 286.3–050 Organization to be Approved by Commissioner
• 286.3–060 Oath Required of Each Director Before Transacting Business and upon Any Election or Reelection;  Oath to be Filed with Commissioner and Subject to Review
• 286.3–065 Officers and Directors to Act in Good Faith and with Necessary and Reasonable Care and Diligence
• 286.3–070 Minimum Capital Stock Required
• 286.3–080 Minimum Capital and Surplus Required to Begin Business
• 286.3–090 Reduction of Capital Stock of Bank or Trust Company to be Approved by Commissioner;  $2,500,000 in Capital Stock to be Maintained
• 286.3–095 Change in Control or Certain Loans to be Reported to Commissioner;  Contents of Report
• 286.3–100 Investment of Bank Funds;  Property that May be Held
• 286.3–102 Activities Permitted to State Bank Receiving Camels Rating of 1 or 2;  Section Not Applicable to Deferred Deposit Transactions or Title Pledge Lending
• 286.3–103 Investment in Property
• 286.3–105 Bank May Acquire and Hold Personal Property at Request of Customer;  Property Deemed Collateral
• 286.3–110 Investment of Funds Held in Fiduciary Capacity;  Capital Stock Liable for Fiduciary Obligations
• 286.3–115 Capital Notes and Debentures May be Issued;  Conditions
• 286.3–135 Banker's Bank Authorized;  Limitations on Holdings;  Issuance of Charter
• 286.3–140 Amendment of Articles and Reorganization to Engage in a Trust Business;  Consolidation;  Transfer of Fiduciary Account to Affiliate
• 286.3–145 Kentucky State Trust Company;  Scope of Activities;  Acquisition of Office Within or Outside of this State by Kentucky State Trust Company;  Rights, Privileges, Obligations, and Liabilities of Selling Trust Company
• 286.3–146 Out-of-State Trust Company Doing Business in Kentucky;  Scope of Activities;  Fiduciary-Related Activities Limited by Reciprocity;  Evidence and Notice to be Provided to Commissioner
• 286.3–150 Consolidation of Trust Companies;  Method and Effect
• 286.3–160 State Bank May Reorganize as National Bank
• 286.3–170 National Bank May Reorganize as State Bank
• 286.3–172 Conditions of and Procedure for Conversion of National Banking Association to State Bank or Merger with State Bank
• 286.3–173 Conversion of State Bank to or Merger with National Banking Association
• 286.3–174 Provisions of KRS 286.3–172 and 286.3–173 to Constitute Alternative Method;  Legislative Purpose Declared
• 286.3–180 Banking Business, Where Done;  Branch Banks
• 286.3–183 Transfer of Branches Between Commonly Controlled Banks
• 286.3–185 Change of Location;  Approval by Commissioner
• 286.3–187 Bank Acting as Agent of Another Financial Institution;  Filing;  Commissioner's Approval;  Scope of Activities
• 286.3–190 Powers of Banks
• 286.3–193 Bank Holidays
• 286.3–199 Closing of Banks;  Emergency
• 286.3–200 Certain Banks May Continue to Act as Fiduciaries
• 286.3–210 Powers of Banks or Trust Companies
• 286.3–212 Deposit of Securities with District Federal Reserve Bank by Bank Acting as Fiduciary or Custodian for Fiduciary;  Accounting and Crediting of Deposits
• 286.3–214 Rate of Interest Allowed on Loans of $15,000 or Less;  Trust Company Not to Extend Credit;  Exception
• 286.3–215 Authority to Charge Interest in Advance;  Installment Loans with Interest in Advance;  Exceptions;  Restrictions on Installment Loans
• 286.3–218 Definitions for KRS 286.3–219 and 286.3–220
• 286.3–219 Continuation of Trust by Corporate Trustee;  Limitations;  Application
• 286.3–220 Corporate Fiduciaries Subject to Laws Governing Individuals;  Security on Bonds;  Ability to Serve as Trustee of Multiple Trusts with Common or Nonidentical Beneficiaries
• 286.3–225 Appointment of a Nominee by Banking Institutions Acting in a Fiduciary Capacity
• 286.3–230 Common Trust Funds;  Consent of Cofiduciary
• 286.3–235 Common Trust Fund Not Separate Entity for Tax Purposes;  Circumstances when NO Gain or Loss to be Recognized
• 286.3–240 Real Estate Mortgage Investment Fund;  Participation Certificates
• 286.3–250 Operation of Real Estate Mortgage Investment Fund
• 286.3–260 Liquidation of Investment Fund
• 286.3–270 Fiduciary May Act in Own Name;  Records;  Investments Not Subject to Debts of Fiduciary
• 286.3–272 Investment of Fiduciary Assets in Company or Trust Associated with Investing Institution;  Fee
• 286.3–275 Limits on Liability of Bank or Trust Company Acting as Fiduciary
• 286.3–277 Standards for Bank or Trust Company Acting as Fiduciary
• 286.3–280 Maximum Debt of Persons to Bank or Trust Company
• 286.3–290 Exceptions to Maximum Debt to Banks
• 286.3–300 Required Reserves
• 286.3–310 Bank May Own Stock in Federal Reserve Bank or Federal Deposit Insurance Corporation
• 286.3–320 Federal Deposit Insurance Corporation to be Subrogated to Rights Against Closed Banks
• 286.3–330 Assets May be Pledged or Surety Bonds Provided as Collateral Security;  Security Not Required if Deposit Insured
• 286.3–340 Preferred Stock
• 286.3–350 when Dividends May be Declared
• 286.3–375 Preservation of Bank Records
• 286.3–380 Deposits by Minors
• 286.3–385 Educational Loans to Minors;  Validity
• 286.3–420 Publication of Financial Statement;  Contents;  Disposition of Copies—Repealed
• 286.3–450 Examination;  Procedure;  Agreement to Examine and Supervise Branches;  Joint Examination and Enforcement Actions
• 286.3–455 Commonwealth or Its Employees Not Liable for Failure to Disclose Financial Condition of Bank or Trust Company
• 286.3–460 Duties of Examiners
• 286.3–470 Information Obtained by Examination to be Confidential;  Exceptions;  Reports as Evidence
• 286.3–480 Fees to be Paid Commissioner for Services
• 286.3–490 Reports to be Made to Commissioner;  Contents;  Information from Officer, Director, or Board to Commissioner
• 286.3–530 Examination of Institutions in Hands of Receiver;  Reports of Receivers
• 286.3–630 Transfer of Assets to Another Bank;  Procedure;  Publication of Notice
• 286.3–640 Relief to Aggrieved Shareholders
• 286.3–660 Annual Report of Commissioner
• 286.3–690 Cease and Desist Orders;  Orders of Suspension or Removal from Office;  Appeal;  Enforcement of Orders
• 286.3–695 Approval of State-Chartered Bank Officers or Directors Required in Certain Instances
• Revolving Credit Plans
• Adverse Claim to Deposit
• Loan Production Offices
• Receivers for Insolvent Banks
• Acquisition of Banks
• Penalties