{"data":{"id":"us-ky/krs-273.241","jurisdiction":"us-ky","citation":"KRS 273.241","heading":"Loans to directors and officers prohibited.","body":"No loans shall be made by a corporation to its directors or officers. Any director or officer\nwho assents to or participates in the making of any such loan shall be liable to the\ncorporation for the amount of such loan until the repayment thereof.","path":["KRS Chapter 273"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=13647","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:24Z","sha256":"81351ca5cf3300b24771455f08e72f27cf6d44d1730f5210fbe828da81fa416a","source_id":"us-ky","stale":false,"prev":"us-ky/krs-273.240","next":"us-ky/krs-273.243"},"notice":"GroundRules: Original legal text. Not legal advice."}
