KRS 286.3-480: Fees to be paid commissioner for services.

(1) The following fees shall be paid to the commissioner by corporations engaged in a

banking or trust business:

(a) For the investigation incident to the approval of articles of incorporation,

applications for branch banks and loan production offices, and app lications to

relocate a main or branch office, the fee shall be sufficient to cover the cost of

the investigation based upon fair compensation for time and actual expense;

(b) For each state bank and branch of an out -of-state state bank subject to

inspection and examination by the commissioner, an annual assessment based

on the assets of the banks and branches, other than assets held by it in a

fiduciary capacity, as reported to the department by the banks and branches as

of the thirty -first day of December of the previous year. The assessment

schedule shall be at the rates the commissioner shall determine to be necessary

to carry out the duties of the department and shall be reasonably related to the

costs incurred by the department in regulating banks and branches. The

assessment schedule shall be set by administrative regulation;

(c) For the examination of the assets held by the institution in a fiduciary

capacity, the fee shall be sufficient to cover the cost of the investigation based

upon fair compensat ion for time and actual expense. The commissioner may

accept examinations made of the trust department in combined banks and trust

companies by examiners for the Federal Reserve System, Federal Deposit

Insurance Corporation, or a certified public accountant; and

(d) Extraordinary services performed, in addition to examinations, for any

financial institution, including institutions in liquidation under the supervision

of the commissioner, shall be paid for by the institution upon the basis of fair

compensation for time and actual expense.

(2) The commissioner, in his discretion, may enter into cooperative agreements with

other bank supervisory agencies having concurrent jurisdiction over any bank, bank

holding company, branch of an out-of-state state bank or any branch of a state bank

located in any host state, or any organization affiliated with one (1) or more bank

supervisory agencies for the collection, remittance, and sharing of fees authorized in

subsection (1) of this section.