{"data":{"id":"us-ky/krs-286.3-105","jurisdiction":"us-ky","citation":"KRS 286.3-105","heading":"Bank may acquire and hold personal property at request of customer --","body":"Property deemed collateral.\nSubject to such limitations and conditions as the commissioner may from time to time\nprescribe by general regulations, any bank or trust company organi zed under the laws of\nthis state may purchase, hold, and become the owner and lessor of personal property and\nmay incur such additional obligations as may be incident to becoming an owner and\nlessor of such personal property, provided, however, that the ne t unrecovered investment\nof such bank or trust company in such personal property shall, for the purposes of KRS\n286.3-280 only, be deemed to be an indebtedness of the lessee thereof, and such personal\nproperty shall be considered to be collateral securing such indebtedness.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14536","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:10Z","sha256":"9719a90168afea785820cb177b4148d6e418e59b4d6df2f03a978c2255241c91","source_id":"us-ky","stale":false,"prev":"us-ky/krs-286.3-103","next":"us-ky/krs-286.3-110"},"notice":"GroundRules: Original legal text. Not legal advice."}
