KRS 355.4A-108: Exclusion of consumer transactions.

(1) Except as provided in subsection (2) of this section, this article does not apply to a

funds transfer any part of which is governed by the Electronic Fund Transfer Act of

1978 (Title XX, P.L. 95 -630, 92 Stat. 3728, 15 U.S.C. secs. 1693 et seq.) as

amended from time to time.

(2) This article applies to a funds transfer that is a remittance transfer as defined in the

Electronic Fund Transfer Act, 15 U.S.C. sec. 1693o -1, as amended from time to

time, unless the remittance transfer is an electronic fund transfe r as defined in the

Electronic Fund Transfer Act, 15 U.S.C. sec. 1693a, as amended from time to time.

(3) In a funds transfer to which this article applies, in the event of an inconsistency

between an applicable provision of this article and an applicable provision of the

Electronic Fund Transfer Act, the provision of the Electronic Fund Transfer Act

governs to the extent of the inconsistency.