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 286.3-190 - Powers of banks

Ky. Rev. Stat. § 286.3-190

Download
PDF
Current through 2024 Ky. Acts ch. 225
Section 286.3-190 - Powers of banks

Any bank may accept for payment at a future date drafts or bills of exchange drawn upon it by its customers, issue letters of credit authorizing the holders thereof to draw drafts upon it or its correspondents at sight or on time, and accept or discount acceptances.

KRS 286.3-190

Effective:7/13/1984
Amended 1984 Ky. Acts ch. 324, sec. 18, effective7/13/1984. -- Amended 1982 Ky. Acts ch. 251, sec. 8, effective 4/1/1982. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 579.