A license issued under the provisions of KRS Chapter 366 that is in effect immediately prior to April 24, 2006, shall remain in force as a license under this subtitle until midnight on September 30, 2006, and the licensee shall be governed by the provisions of this subtitle with the exception that such licensees shall be given until midnight on September 30, 2006, to be in compliance with this subtitle. Such licensees must file an application for a renewal license pursuant to this subtitle within three (3) months after April 24, 2006. Upon compliance with the provisions of this subtitle, applicants shall be issued a money transmitter license effective October 1, 2006, through September 30, 2007.
KRS 286.11-065
Licenses issued under provisions of former KRS Chapter 366 to remain in force
Known as the Kentucky Money Transmitters Act
The act spans §§ 286.11-001 to 286.11-067 (35 sections).
Effective: April 24, 2006 History: Created 2006 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.