Ky. Rev. Stat. § 286.3-300

Current through 2024 Ky. Acts ch. 225
Section 286.3-300 - Required reserves

Each bank organized under the laws of this state and authorized to receive deposits shall keep on hand at all times legal reserves as mandated by the board of governors of the Federal Reserve System.

KRS 286.3-300

Effective:7/13/1984
Amended 1984 Ky. Acts ch. 324, sec. 24, effective7/13/1984. -- Amended 1982 Ky. Acts ch. 251, sec. 9, effective 4/1/1982. -- Amended 1970 Ky. Acts ch. 209, sec. 8, effective 6/18/1970. -- Amended 1942 Ky. Acts ch. 109, sec. 1. --Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 584.