{"data":{"id":"us-ky/krs-286.3-214","jurisdiction":"us-ky","citation":"KRS 286.3-214","heading":"Rate of interest allowed on loans of $15,000 or less -- Trust company not","body":"to extend credit -- Exception.\nNotwithstanding the provisions of any other law, a bank may take, receive, reserve, and\ncharge on money due or to become due on any contract or other obligation in writing,\nwhere the original principal amount is fifteen thousand dollars ($15,000) or less, interest\nat any rate allowed national banking associations by the laws of the United States of\nAmerica. A trust company shall not make any extensions of credit on its own account, but\nmay make extensions of credit for trust assets under management.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14557","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:10Z","sha256":"3b992384617a14d668e53e53ecd81f387af2df75a7e4089e5f91623c4abaf6ef","source_id":"us-ky","stale":false,"prev":"us-ky/krs-286.3-212","next":"us-ky/krs-286.3-215"},"notice":"GroundRules: Original legal text. Not legal advice."}