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Maximum loan

KRS 286.6-465
in effect
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286.6-465. Maximum loan No loan shall be made to any member in an aggregate amount in excess of ten percent (10%) of the credit union's capital. Effective: July 13, 1984 History: Created 1984 Ky. Acts ch. 408, sec. 47, effective July 13, 1984. Formerly codified as KRS 290.465. 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.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14806Fetched: 10/20/2026

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