Kentucky Statutes 355.3-102 – Subject matter
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(1) This article applies to negotiable instruments. It does not apply to money, to payment orders governed by Article 4A of this chapter, or to securities governed by Article 8 of this chapter.
(2) If there is conflict between this article and Article 4 or 9 of this chapter, Articles 4 and 9 of this chapter govern.
(3) Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this article to the extent of the inconsistency.
Effective: January 1, 1997
History: Repealed and reenacted 1996 Ky. Acts ch. 130, sec. 2, effective January 1,
1997. — Created 1958 Ky. Acts ch. 77, sec. 3-102, effective July 1, 1960.
(2) If there is conflict between this article and Article 4 or 9 of this chapter, Articles 4 and 9 of this chapter govern.
Terms Used In Kentucky Statutes 355.3-102
- Federal: refers to the United States. See Kentucky Statutes 446.010
- Federal Reserve System: The central bank of the United States. The Fed, as it is commonly called, regulates the U.S. monetary and financial system. The Federal Reserve System is composed of a central governmental agency in Washington, D.C. (the Board of Governors) and twelve regional Federal Reserve Banks in major cities throughout the United States. Source: OCC
(3) Regulations of the Board of Governors of the Federal Reserve System and operating circulars of the Federal Reserve Banks supersede any inconsistent provision of this article to the extent of the inconsistency.
Effective: January 1, 1997
History: Repealed and reenacted 1996 Ky. Acts ch. 130, sec. 2, effective January 1,
1997. — Created 1958 Ky. Acts ch. 77, sec. 3-102, effective July 1, 1960.