(1) A person shall not transact banking or trust business in this state unless the person:
(a) Has been issued a charter under this subtitle to transact the business;
(b) Is transacting business authorized under KRS 286.2-670; or (c) Is otherwise specifically authorized by the laws of this state or of the United States to transact the business in this state.
(2) An out-of-state bank or national bank may lend money in this state.