Ky. Rev. Stat. § 286.3-210

Current through 2024 Ky. Acts ch. 225

Section 286.3-210 - Powers of banks or trust companies

Any bank or trust company organized under the laws of this state may:

(1) Be appointed and act as guardian of infants, executors, administrator or curator of estates of decedents, guardian or conservator of persons adjudged mentally disabled, receiver or trustee for persons or estates;

(2) Act as agent for the transaction of any business or the management of estates, the collection of rents, accounts, interest, dividends, notes, bonds, securities for money and debts, and demands of every character;

(3) Receive on deposit and for safekeeping, gold, silver, jewelry, money and other personal property of every kind, and shall have a lien upon all personal property deposited with it for its charge.

KRS 286.3-210

Effective:7/15/1984
Amended 1984 Ky. Acts ch. 324, sec. 21, effective 7/13/1984. -- Amended 1982 Ky. Acts ch. 141, sec. 82, effective 7/1/1982. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 606.