Kentucky Revised Statutes

Includes Enactments through the 2012 Extraordinary Session
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KRS Chapter 286.05

.005   Title of law.

.011   Definitions.

.021   Who may incorporate -- Procedure.

.022   Former corporations deemed incorporated under this law -- Effect on rights -- Severability.

.024   Proof by existing association of federal insurance or private insurance meeting minimum standard -- Effect of noncompliance.

.025   Insurance requirement for certificate of incorporation.

.031   Commissioner to investigate -- Objections -- Approval -- Certificate issued -- Filing.

.041   Name of association -- Use of terms in name prohibited -- Injunction.

.051   Office -- Located where -- Change of name or location.

.061   Branch offices -- Limits on establishment.

.071   Corporate existence begins -- When.

.081   General powers of association.

.091   Books and records of association -- Reproductions.

.101   Right to manage property to avoid loss.

.111   Associations exempt from security sale regulations.

.121   Publication of financial statement.

.131   Annual report of association.

.141   Bond of incorporators -- Conditions.

.151   Minimum number of shares of capital stock -- Issuance.

.161   Expense fund created -- Amount -- Repayment.

.171   Reserve fund -- Creation -- Charges -- Credits.

.181   Organization meeting held when.

.191   Forfeiture of charter on failure to commence business.

.201   Annual meetings -- Who may vote -- Quorum.

.211   Board of directors -- Qualifications -- Election -- Vacancies, filled, how.

.221   Bond of officers or employees handling money.

.225   Loan to director, officer, employee, or attorney prohibited -- Exceptions.

.231   Liability of officer or agent for fraud or neglect.

.241   Association interest does not disqualify officer taking acknowledgment.

.251   Acceptance of gratuity for action, a misdemeanor.

.261   Liability of association to members -- Members not liable for losses.

.271   Inspection of books -- Records confidential -- Exception.

.281   Membership, withdrawal, fees -- Fines.

.291   Savings accounts, how held -- Transfers.

.301   Issue of stock on installment basis -- Issuance for loan purposes -- Maximum holding.

.311   Lost or destroyed books, duplicates.

.321   Redemption of savings accounts -- Limitation on claims.

.331   Withdrawal of shares -- Payment for, when made -- Withdrawals by borrowing members.

.341   Enforced withdrawal.

.351   Matured shares.

.361   Payment of withdrawals and accounts.

.371   Dividends paid, when.

.381   Savings accounts of minors.

.391   Joint savings accounts.

.401   Accounts of fiduciaries -- Voting powers -- Payments to beneficiaries.

.411   Payments of account, foreign fiduciary.

.421   Recognition of attorney-in-fact.

.431   Investments by fiduciaries, charitable and financial institutions authorized.

.435   Association as trustee -- Compensation -- Records.

.441   Real estate loans, requirements -- Purposes for which made -- Additional payments.

.451   Loans on direct reduction plan -- Pledge of stock on loan -- Interest rate -- Property improvement loans -- Participation with other lenders -- Condition for making uninsured loans.

.461   Compliance with federal law or regulations required for property improvement loans or mobile home loans.

.471   Loans under Servicemen's Readjustment Act.

.481   Repayment of loans -- Credit value of borrower's shares -- Retention of shares.

.491   Default in payment of dues -- Fine -- Forfeiture of shares -- Payments in advance.

.501   Payment of expenses of loan -- Payments in lieu.

.511   Priority of members for loans -- Investments -- Compensation for loans prohibited -- Loan statement.

.521   Limits on power to borrow money.

.531   Acquisition and ownership of real estate.

.541   Acting as fiscal agent of U. S.

.551   Consolidation of associations.

.561   Federal savings and loan association, consolidation with or conversion into.

.571   Resolution of consolidation or conversion to be filed with commissioner.

.581   Consolidation or merger with federal association procedure -- Continuation with state association.

.591   Transfer of property to federal association -- Rights of creditors.

.601   Federal charter to be recorded -- Evidence.

.611   Conversion of federal association to state association -- Procedure.

.621   Reorganization or voluntary liquidation.

.631   Meeting of members -- How called -- Notice.

.641   Exhibit of affairs to be printed and filed.

.651   Voting -- Adoption of resolution to reorganize or liquidate.

.661   Foreign associations prohibited -- Exceptions.

.680   Status of federal savings and loan associations -- Powers.

.690   Commissioner and examiners to have no interest in association.

.700   Powers of commissioner -- Form of orders.

.702   Commissioner's power to make administrative regulations and orders.

.705   Commissioner may authorize state associations to be competitive with federal associations.

.710   Examination of associations -- Report -- Information confidential.

.720   Federal examinations may be accepted -- Extra examination -- Powers of examiners.

.730   Filing fee for reports -- Examination fees.

.740   Violations of law or regulation -- Ordered discontinued -- Enforcement.

.750   Conservator appointed -- When -- Procedure.

.760   Receiver appointed when -- Federal agency as receiver -- Procedure.

.770   No receiver or conservator for solvent association.

.780   Declaratory judgment action as to rights.

.790   Annual report of commissioner.

.800   Advertising as insured institution restricted -- Penalty -- Injunction.

.805   Passbook notice required of federally uninsured association.

.810   Injurious statements about associations -- Penalty.

.850   "Credit card guaranty" defined -- Requirement to insure validity.

Acquisition of Savings and Loan Associations

.900   Definitions.

.905   Acquisition of one or more associations wherever located -- Limitations -- Acquisition by out-of-state associations -- Merger or consolidation.

.910   Filing of application to acquire association or holding company -- Examination of applicant -- Cooperative agreements for examination of out-of-state associations or exchange of confidential information.

Penalties

.991   Penalties.

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