{"data":{"id":"us-ky/krs-286.3-103","jurisdiction":"us-ky","citation":"KRS 286.3-103","heading":"Investment in property.","body":"(1) It is hereby declared to be the policy of the Commonwealth of Kentucky that the\ninvestment of funds, by a bank chartered under the laws of Kentucky or a national\nbanking association having its principal office in Kentucky, in real and personal\nproperty as now or hereafter provided by this subtitle, be recognized as a normal,\nproper, necessary, and integral part of the legitimate business of such state or\nnational banks.\n(2) All property owned and held by a state or national bank under this section shall be\ndeemed to be property that is proper and necessary for carrying out its legitimate\nbusiness within the meaning of KRS Chapter 271B or 275, or any section of the\nKentucky Revised Statutes relating to escheat.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14535","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:10Z","sha256":"5f5bdf76b87146e400366ecb4ef154dcd315aed89e3cac9068b1c2917abbe129","source_id":"us-ky","stale":false,"prev":"us-ky/krs-286.3-102","next":"us-ky/krs-286.3-105"},"notice":"GroundRules: Original legal text. Not legal advice."}