Ky. Rev. Stat. § 286.6-990

Current through 2024 Ky. Acts ch. 225
Section 286.6-990 - Penalties
(1) Any credit union that fails to make the report required by KRS 286.6-090, when notified, shall pay to the department ten dollars ($10) for each day of such failure, unless excused.
(2) Any officer or any member of a committee who participates in the making of a loan to a nonmember shall be fined not less than ten dollars ($10) nor more than one hundred dollars ($100) or imprisoned for not less than thirty (30) days nor more than six (6) months, or both.

KRS 286.6-990

Effective:7/15/2010
Amended 2010, Ky. Acts ch. 24, sec. 746, effective7/15/2010. -- Amended 1986 Ky. Acts ch. 193, sec. 3, effective 7/15/1986. -- Amended 1984 Ky. Acts ch. 408, sec. 67, effective 7/13/1984. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. secs. 883g-3, 883g-6, 883g-20.