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Tuesday, July 7, 2026

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KY · SB87CMTE · 1 COSPONSOR

AN ACT relating to the provision of financial services and products by credit unions.

Also relevant to:Union member / worker
Where it is in the process
Plain-English Summary

Amend KRS 66.480 to allow local government and school district investments in United States obligations by a repurchase agreement with a credit union and in interest-bearing accounts issued through a credit union; amend KRS 41.010 to redefine "bank" and "state depository" to include credit unions; amend KRS 41.070 to prohibit receipts from being held, used, or deposited in a personal or special credit union account; amend KRS 41.220 to allow credit unions to be designated as state depositories; …

Source: OpenStates · fetched January 14, 2026

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