Kentucky Statutes 286.7-410 – Definitions for KRS 286.7-410 to 286.7-600
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As used in KRS § 286.7-410 to KRS § 286.7-600, unless the context otherwise requires: (1) “Commissioner” means the commissioner of financial institutions;
(2) “Certificate holder” means an industrial loan corporation organized under the provisions of KRS § 286.7-410 to KRS § 286.7-600 to which a certificate, as defined in subsection (3) of this section, has been issued by the commissioner.
(3) “Certificate” means a written instrument issued by the commissioner authorizing the corporation therein named to do business under the provisions of KRS § 286.7-410 to
286.7-600, except when used in the phrase “certificate of investment.”
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 748, effective July 15, 2010. — Amended
1984 Ky. Acts ch. 388, sec. 11, effective July 13, 1984. — Amended 1966 Ky. Acts ch. 255, sec. 237. — Created 1962 Ky. Acts ch. 166, sec. 1.
Formerly codified as KRS § 291.410.
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, and KRS references within this statute have been adjusted to conform with the 2006 renumbering of that code.
(2) “Certificate holder” means an industrial loan corporation organized under the provisions of KRS § 286.7-410 to KRS § 286.7-600 to which a certificate, as defined in subsection (3) of this section, has been issued by the commissioner.
Terms Used In Kentucky Statutes 286.7-410
- Commissioner: means the commissioner of the Department of Financial
Institutions. See Kentucky Statutes 286.1-010 - Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
- Statute: A law passed by a legislature.
(3) “Certificate” means a written instrument issued by the commissioner authorizing the corporation therein named to do business under the provisions of KRS § 286.7-410 to
286.7-600, except when used in the phrase “certificate of investment.”
Effective: July 15, 2010
History: Amended 2010 Ky. Acts ch. 24, sec. 748, effective July 15, 2010. — Amended
1984 Ky. Acts ch. 388, sec. 11, effective July 13, 1984. — Amended 1966 Ky. Acts ch. 255, sec. 237. — Created 1962 Ky. Acts ch. 166, sec. 1.
Formerly codified as KRS § 291.410.
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, and KRS references within this statute have been adjusted to conform with the 2006 renumbering of that code.