Ky. Rev. Stat. § 286.3-160

Current through 2024 Ky. Acts ch. 225

Section 286.3-160 - State bank may reorganize as national bank

Any state bank desiring to reorganize under the laws of the United States as a national bank may, after its dissolution, and as soon as it obtains authority from the comptroller of the currency to commence business, retain any of the assets, real or personal, which it acquired as a state bank, subject to all liabilities existing against the bank at the time of its reorganization.

KRS 286.3-160

Effective:10/1/1942
Recodified 1942 Ky. Acts ch. 208, sec. 1, effective10/1/1942, from Ky. Stat. sec. 588.