Kentucky Statutes 286.1-012 – Appointment of commissioner — Qualifications
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The Governor, in accordance with KRS § 12.040, shall appoint as commissioner of financial institutions a person knowledgeable in banking with not less than three (3) years’ banking experience. For this purpose, “banking experience” means service as an executive officer in a bank with its principal office located in Kentucky or service in a supervisory capacity in a state or federal agency having regulatory authority over banks or other financial institutions.
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 608, effective July 15, 2010. — Amended
1984 Ky. Acts ch. 324, sec. 3, effective July 13, 1984; and ch. 388, sec. 4, effective
July 13, 1984. — Amended 1976 Ky. Acts ch. 86, sec. 13, effective March 29, 1976. –
– Created 1946 Ky. Acts ch. 191, sec. 2.
Formerly codified as KRS § 287.012.
Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286.
Effective: July 15, 2010
Terms Used In Kentucky Statutes 286.1-012
- Commissioner: means the commissioner of the Department of Financial
Institutions. See Kentucky Statutes 286.1-010 - Federal: refers to the United States. See Kentucky Statutes 446.010
- Person: means a natural person, or any type or form of corporation, company, partnership, proprietorship, association, or other legal entity. See Kentucky Statutes 286.1-010
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Statute: A law passed by a legislature.
History: Amended 2010 Ky. Acts ch. 24, sec. 608, effective July 15, 2010. — Amended
1984 Ky. Acts ch. 324, sec. 3, effective July 13, 1984; and ch. 388, sec. 4, effective
July 13, 1984. — Amended 1976 Ky. Acts ch. 86, sec. 13, effective March 29, 1976. –
– Created 1946 Ky. Acts ch. 191, sec. 2.
Formerly codified as KRS § 287.012.
Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286.