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OAG 80-64 is discussed to correct a misinterpretation that it broadly applied to various loans. The decision clarifies that OAG 80-64 specifically pertained only to loans of $15,000 or less under KRS 287.215, and did not intend to restrict or modify the broader lending authority provided under other statutes as discussed in OAG 78-221.
Our AG treatments are described and categorized by large language models (AI) and are partially reviewed by Coalition directors. Learn more from our blog.
Disclaimer:
The Sunshine Law Library is not exhaustive and may contain errors from source documents or the import process. Nothing on this website should be taken as legal advice. It is always best to consult with primary sources and appropriate counsel before taking any action.
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gpt-4-turbo-2024-04-09
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