3-010. Definitions for subtitle.

3-020. Approval of application for charter -- Prerequisites to financial institution doing business under its charter.

3-025. Prohibition against transacting business before issuance of charter.

3-030. Limitation on right to engage in business -- Authorization for Kentucky chartered banks and subsidiaries to sell insurance -- Names to be used by branch offices.

3-040. Who may organize -- Number of directors required.

3-050. Organization to be approved by commissioner.

3-060. Oath required of each director before transacting business and upon any election or reelection -- Oath to be filed with commissioner and subject to review.

3-065. Duties of directors.

3-070. Minimum capital stock required.

3-080. Minimum capital and surplus required to begin business.

3-090. Reduction of capital stock of bank or trust company to be approved by commissioner -- $2,500,000 in capital stock to be maintained.

3-095. Change in control or certain loans to be reported to commissioner -- Contents of report.

3-100. Investment of bank funds -- Property that may be held.

3-102. Activities permitted to state bank receiving CAMELS rating of 1 or 2 -- Section not applicable to deferred deposit transactions or title pledge lending.

3-103. Investment in property.

3-105. Bank may acquire and hold personal property at request of customer -- Property deemed collateral.

3-110. Investment of funds held in fiduciary capacity -- Capital stock liable for fiduciary obligations.

3-115. Capital notes and debentures may be issued -- Conditions.

3-135. Banker's bank authorized -- Limitations on holdings -- Issuance of charter.

3-140. Amendment of articles and reorganization to engage in a trust business -- Consolidation -- Transfer of fiduciary account to affiliate.

3-145. Kentucky state trust company -- Scope of activities -- Acquisition of office within or outside of this state by Kentucky state trust company -- Rights, privileges, obligations, and liabilities of selling trust company.

3-146. Out-of-state trust company doing business in Kentucky -- Scope of activities -- Fiduciary-related activities limited by reciprocity -- Evidence and notice to be provided to commissioner.

3-150. Consolidation of trust companies -- Method and effect.

3-160. State bank may reorganize as national bank.

3-170. National bank may reorganize as state bank.

3-172. Conditions of and procedure for conversion of national banking association to state bank or merger with state bank.

3-173. Conversion of state bank to or merger with national banking association.

3-174. Provisions of KRS 286.3-172 and 286.3-173 to constitute alternative method -- Legislative purpose declared.

3-180. Banking business, where done -- Branch banks.

3-183. Transfer of branches between commonly controlled banks.

3-185. Change of location -- Approval by commissioner.

3-187. Bank acting as agent of another financial institution -- Filing -- Commissioner's approval -- Scope of activities.

3-190. Powers of banks.

3-193. Bank holidays.

3-199. Closing of banks -- Emergency.

3-200. Certain banks may continue to act as fiduciaries.

3-210. Powers of banks or trust companies.

3-212. Deposit of securities with district federal reserve bank by bank acting as fiduciary or custodian for fiduciary -- Accounting and crediting of deposits.

3-214. Rate of interest allowed on loans of $15,000 or less -- Trust company not to extend credit -- Exception.

3-215. Authority to charge interest in advance -- Installment loans with interest in advance -- Exceptions -- Restrictions on installment loans.

3-218. Definitions for KRS 286.3-219 and 286.3-220.

3-219. Continuation of trust by corporate trustee -- Limitations -- Application.

3-220. Corporate fiduciaries subject to laws governing individuals -- Security on bonds -- Ability to serve as trustee of multiple trusts with common or nonidentical beneficiaries.

3-225. Appointment of a nominee by banking institutions acting in a fiduciary capacity.

3-230. Common trust funds -- Consent of cofiduciary.

3-235. Common trust fund not separate entity for tax purposes -- Circumstances when no gain or loss to be recognized.

3-240. Real estate mortgage investment fund -- Participation certificates.

3-250. Operation of real estate mortgage investment fund.

3-260. Liquidation of investment fund.

3-270. Fiduciary may act in own name -- Records -- Investments not subject to debts of fiduciary.

3-272. Investment of fiduciary assets in company or trust associated with investing institution -- Fee.

3-275. Limits on liability of bank or trust company acting as fiduciary.

3-277. Standards for bank or trust company acting as fiduciary.

3-280. Maximum debt of persons to bank or trust company.

3-290. Exceptions to maximum debt to banks.

3-300. Required reserves.

3-310. Bank may own stock in federal reserve bank or Federal Deposit Insurance Corporation.

3-320. Federal Deposit Insurance Corporation to be subrogated to rights against closed banks.

3-330. Assets may be pledged or surety bonds provided as collateral security -- Security not required if deposit insured.

3-340. Preferred stock.

3-350. When dividends may be declared.

3-375. Preservation of bank records.

3-380. Deposits by minors.

3-385. Educational loans to minors -- Validity.

3-420. Repealed, 2010. [Repealed]

3-450. Examination -- Procedure -- Agreement to examine and supervise branches -- Joint examination and enforcement actions.

3-455. Commonwealth or its employees not liable for failure to disclose financial condition of bank or trust company.

3-460. Duties of examiners.

3-470. Information obtained by examination to be confidential -- Exceptions -- Reports as evidence.

3-480. Fees to be paid commissioner for services.

3-490. Reports to be made to commissioner -- Contents -- Information from officer, director, or board to commissioner.

3-530. Examination of institutions in hands of receiver -- Reports of receivers.

3-630. Transfer of assets to another bank -- Procedure -- Publication of notice.

3-640. Relief to aggrieved shareholders.

3-660. Annual report of commissioner.

3-690. Cease and desist orders -- Orders of suspension or removal from office -- Appeal -- Enforcement of orders.

3-695. Approval of state-chartered bank officers or directors required in certain instances.

Revolving Credit Plans

3-710. Definitions for KRS 286.3-720 to 286.3-770.

3-720. Form and provisions of credit plan -- Disclosures.

3-730. Billing cycle -- Payment of balance -- Payment of credit card charges.

3-740. Finance charges -- Rate.

3-750. Additional fees, charges and costs.

3-760. Limitation on amount charged.

3-765. "Credit card guaranty" defined -- Requirement to insure validity.

3-770. Credit plans not invalidated.

Adverse Claim to Deposit

3-800. Recognition of adverse claim to a deposit.

Loan Production Offices

3-820. Operation of loan production office by bank.

Receivers for Insolvent Banks

3-850. Definitions.

3-852. Applicability of KRS 286.3-850 to 286.3-884.

3-854. Closing of bank by commissioner -- Written statement of grounds -- Appointment of receiver.

3-856. Tender of appointment as receiver to FDIC.

3-858. Vesting of assets in receiver.

3-860. Notice of closing to be posted -- Effect.

3-862. Powers and duties of receiver.

3-864. "Preference" defined.

3-866. Sale of assets by receiver -- Borrowing from FDIC by receiver.

3-868. Claims procedure -- Publication -- Rejection of claim -- Petition to receivership court.

3-870. Late claim's share in undistributed assets.

3-872. Order of payment of claims.

3-874. Rights of receiver under participation agreements.

3-876. Receiver's election to reject a lease -- Effect.

3-878. FDIC subrogated to rights of depositors.

3-880. Receiver to appoint successor to bank's rights, assets, obligations.

3-882. KRS 286.3-850 to 286.3-884 is exclusive procedure for appointment of receiver or liquidating agent.

3-884. Destruction of closed bank's records.

Acquisition of Banks

3-900. Definitions of terms used in this section and KRS 286.3-905 -- Acquisition of in-state banks -- Limitations -- In-county merger or consolidation.

3-905. Filing of application to acquire bank with commissioner -- Examination of applicant -- Cooperative agreements by commissioner to examine out-of-state bank or exchange confidential information.

3-910. Illegal acquisitions.

3-915. Bank combinations -- Operation of a combined bank as a branch of the surviving bank -- Transfer of combined bank's main office and branches -- Definitions.

3-920. Interstate merger transactions -- Restrictions -- Combinations of commonly controlled banks -- Scope of activities of branch outside home state.

Penalties

3-990. Penalties.