{"data":{"id":"us-ky/krs-386.520","jurisdiction":"us-ky","citation":"KRS 386.520","heading":"Formation of company -- Approval -- Regulations.","body":"Four (4) or more trust institutions may cause a fiduciary investment company or\ncompanies to be organized and incorporated, but no trust institution or foreign trust\ninstitution may own an interest in more than seven (7) fiduciary investment companies. A\nfiduciary investment company shall not begin business except to select an investment\nadvisor, until it is approved by the appropriate supervisory agency. A fiduciary\ninvestment company shall be subject to such regulations as its supervisory agency may\nfrom time to time prescribe.","path":["KRS Chapter 386"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=35946","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:16Z","sha256":"325858b93a3641516e6e6fc301e4a5f860e0c1fb279d1ac4286e6a9288148cb4","source_id":"us-ky","stale":false,"prev":"us-ky/krs-386.510","next":"us-ky/krs-386.530"},"notice":"GroundRules: Original legal text. Not legal advice."}