Statutes, codes, and regulations
Kentucky Revised Statutes
Title 25 - BUSINESS AND FINANCIAL INSTITUTIONSChapter 286 - KENTUCKY FINANCIAL SERVICES CODE
Subtitle 286.3 - BANKS AND TRUST COMPANIES
Section 286.3-110 - Investment of funds held in fiduciary capacity - Capital stock liable for fiduciary obligations

Ky. Rev. Stat. § 286.3-110

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Current through 2024 Ky. Acts ch. 225
Section 286.3-110 - Investment of funds held in fiduciary capacity - Capital stock liable for fiduciary obligations

Funds held in a fiduciary capacity shall be invested under the order of the court, or in such manner as may be provided by law for the investment of other trust funds, and the capital stock shall be primarily liable for the obligations of the corporation in its fiduciary capacity.

KRS 286.3-110

Effective:7/15/1996
Amended 1996, Ky. Acts ch. 338, sec. 12, effective7/15/1996. -- Amended 1984 Ky. Acts ch. 324, sec. 14, effective 7/13/1984. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 614.