Kentucky Revised Statutes Title XXV. Business and Financial Institutions § 286.3-080.Minimum capital and surplus required to begin business

The minimum capital required of a financial institution by KRS 286.3-070 shall be paid in full in money. Not less than fifty percent (50%) of the minimum capital required shall be designated as surplus. Such money shall be in the custody of the directors before the corporation may commence business. None of the original minimum capital of a financial institution may be designated as undivided profits.