KRS 286.4-470: Limitation on locations at which business may be conducted --
Where this section sits in the code
Construction of subtitle regarding types of loans.
(1) No licensee shall conduct the business authorized by this subtitle in any office,
room, or place of business in which any oth er business, except purchase of retail
and installment sales contracts, tax preparation, and motor club memberships, is
solicited or engaged in, or in association or conjunction therewith, except upon a
written authorization from the commissioner. The comm issioner shall have sixty
(60) days to either approve or deny the written authorization request.
(2) Nothing in this subtitle shall be construed to limit the loans of any licensee to
residents of the community in which the licensed place of business is sit uated, nor
to prohibit the making and collecting of loans by mail.
(3) Nothing in this subtitle shall be construed to limit the ability of any licensee to
make a loan or loans in the principal amount greater than fifteen thousand dollars
($15,000) at the licensed location at the same rates as provided in KRS 360.010.
Collected 2026-09-05T20:57:11Z. Source file · JSON