Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 286.2-015.Political subdivisions prohibited from enacting or enforcing legislation governing matters preempted by state or federal law; exception for civil rights

(a) Are subject to:

(b) Are subject to the jurisdiction or regulatory supervision of the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the National Credit Union Administration, the Farm Credit Administration, the Federal Deposit Insurance Corporation, or the United States Department of Housing and Urban Development; or

(c) Originate, purchase, sell, assign, securitize, assist, facilitate, or service property interests or obligations created by financial transactions or loans made, executed, or originated by persons or entities referred to in paragraph (a) or (b) of this subsection.

(a) Limit or disqualify persons or entities from doing business with a political subdivision based upon financial or lending activities; or

(b) Impose additional reporting requirements or other obligations on persons or entities referred to in subsection (1) of this section seeking to do business with a political subdivision.