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Kentucky Revised Statutes

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Statutes Last Updated July 18, 2008

Includes Enactments through the 2008 Extraordinary Session
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KRS Chapter 286.06


  • .005   Definitions.

  • .012   Administrative hearing request.

  • .015   Organization procedure.

  • .025   Form of articles and bylaws.

  • .035   Amendment of articles of incorporation or bylaws.

  • .045   Use of name exclusive.

  • .055   Office facilities.

  • .065   Out-of-state credit unions.

  • .070   Supervision by executive director.

  • .075   General powers of credit union.

  • .085   Incidental powers.

  • .090   Reports.

  • .092   Failure to make reports or pay charges -- Notice of charges -- Injunctions.

  • .095   Rules of executive director.

  • .100   Supervision by executive director -- Financial reports -- Examination -- Fees.

  • .105   Commonwealth or its employees not liable for failure to disclose financial condition of credit union.

  • .107   Membership defined.

  • .115   Tax exemption.

  • .125   Retention of membership.

  • .135   Liability of members.

  • .145   Annual meeting.

  • .155   Board of directors -- Supervisory committee -- Simultaneous appointments prohibited.

  • .165   Record of officials.

  • .175   Vacancies.

  • .185   Confidentiality.

  • .195   Pecuniary interest of officer.

  • .205   Officers of board.

  • .215   Authority of directors.

  • .225   Specific duties of board.

  • .235   Executive committee.

  • .245   Meetings of board or executive committee.

  • .255   Credit committee.

  • .265   Credit manager.

  • .275   Loan officers -- Appeal from disapproval of loan.

  • .285   Annual audit.

  • .296   Suspension and removal of officers -- Review of such actions -- Injunction.

  • .305   Special meetings of members.

  • .315   Capital of credit union.

  • .320   "Credit card guaranty" defined -- Requirement to insure validity.

  • .325   Dividends -- Approval of executive director required prior to payment.

  • .335   Deposits.

  • .345   Special purpose accounts.

  • .355   Withdrawal of assets by member.

  • .365   Minors' accounts.

  • .375   Joint accounts.

  • .385   Trust accounts.

  • .395   Lien of credit union.

  • .405   Credit union insurance on shares and deposits.

  • .415   Reduction in shares.

  • .425   Purposes of loans -- Conditions of loans.

  • .435   Interest rate.

  • .445   Charges for failure to meet obligations.

  • .450   Expulsion and withdrawal of members.

  • .455   Application form.

  • .465   Maximum loan.

  • .475   Security.

  • .485   Installments.

  • .495   Line of credit.

  • .505   First mortgage loans.

  • .515   Other loan programs.

  • .525   Loans to credit union officials.

  • .535   Insurance for members.

  • .545   Insurance for credit union officials.

  • .555   Group purchasing.

  • .565   Money transfers for convenience of members.

  • .575   Trustee or custodian.

  • .585   Investments.

  • .595   Reserves.

  • .605   Use of regular reserve.

  • .615   Risk assets.

  • .625   Special reserves.

  • .635   Taxation of real and personal property.

  • .645   Expenses not payable out of general fund of Kentucky.

  • Change in Corporate Status

  • .700   Suspension of credit union operations.

  • .705   Voluntary liquidation -- Filing certificate of dissolution.

  • .710   Merger of credit union.

  • .715   Conversion of credit union.

  • Penalties

  • .990   Penalties.

  • .991   Penalties.

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