Kentucky Statutes 286.3-190 – Powers of banks
Current as of: 2024 | Check for updates
|
Other versions
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.
Effective: July 13, 1984
History: Amended 1984 Ky. Acts ch. 324, sec. 18, effective July 13, 1984. — Amended
1982 Ky. Acts ch. 251, sec. 8, effective April 1, 1982. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 579.
Formerly codified as KRS § 287.190.
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 13, 1984
Terms Used In Kentucky Statutes 286.3-190
- Statute: A law passed by a legislature.
History: Amended 1984 Ky. Acts ch. 324, sec. 18, effective July 13, 1984. — Amended
1982 Ky. Acts ch. 251, sec. 8, effective April 1, 1982. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 579.
Formerly codified as KRS § 287.190.
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.