286.4 -640 Effect of future amendment of this subtitle. This subtitle or any part thereof may be modified, amended or repealed so as to effect the cancellation or authorization of any license or right of a licensee hereunder, provided that such modification, amendment or repeal shall not impair or affect the ob ligation of any pre-existing lawful contract between any licensee and any borrower. Effective: June 16, 1960 History: Created 1960 Ky. Acts ch. 204, sec. 24, effective June 16, 1960. Formerly codified as KRS 288.640. Legislative Research Commission Note (7/12/2006). In accordance with 2006 Ky. Acts ch. 247, secs. 38 and 39, this statute has been renumbered as a section of the Kentucky Financial Services Code, KRS Chapter 286, and KRS references within this statute have been adjusted to conform with the 20 06 renumbering of that code.
Kentucky Legal Code