For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Interest rate

KRS 286.6-435
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
286.6-435. Interest rate The interest rates on loans shall be determined by the board of directors, not to exceed two percent (2%) per month on unpaid balances. Effective: July 13, 1984 History: Created 1984 Ky. Acts ch. 408, sec. 44, effective July 13, 1984. Formerly codified as KRS 290.435. 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=14802Fetched: 10/20/2026

Starting a business in Kentucky? Kentucky LLC guide: costs and requirements