{"data":{"id":"us-ky/krs-286.11-031","jurisdiction":"us-ky","citation":"KRS 286.11-031","heading":"Filing and maintenance of reports required by federal and state law","body":"governing money laundering.\n(1) Every licensee and its agent shall file with the commissioner all reports by federal\ncurrency reporting, recordkeeping, and suspicious transaction r eporting\nrequirements as set forth in the Bank Secrecy Act, 31 U.S.C. secs. 5311 to 5332, 31\nC.F.R. pt. 103, and other federal and state laws pertaining to money laundering, for\nevery transaction in this state. Every licensee and its agent shall maintain c opies of\nthese reports in its records in compliance with KRS 286.11-029.\n(2) The timely filing of a complete and accurate report required under subsection (1) of\nthis section with the appropriate federal agency is deemed compliance with the\nrequirements of subsection (1) of this section, unless the commissioner notifies the\nlicensee that reports of the type required in subsection (1) of this section are not\nbeing regularly and comprehensively transmitted to the federal agency.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14959","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:15Z","sha256":"f66f64b1f7d5a1b6ec680bc3914e51406a754f745e2129d5879a23ffdd0f618c","source_id":"us-ky","stale":false,"prev":"us-ky/krs-286.11-029","next":"us-ky/krs-286.11-032"},"notice":"GroundRules: Original legal text. Not legal advice."}