There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 42 FINANCE AND ADMINISTRATION CABINET
42.525 Authority to promulgate administrative regulations.
Download pdfmanagement, and disposition of investments. (2) The regulations shall specify: (a) The long and short term goals of any investment;
(b) The specification of moneys to be invested;
(c) The amount of funds which may be invested per instrument;
(d) The qualifications of instruments;
(e) The acceptable maturity of investments;
(f) The investment procedure with respect to in-state and out-of-state depositories provided that funds available for investment shall be offered first to qualified
Kentucky depositories consistent with the investment guidelines; and (g) The distribution method of funds among types of institutions. Effective: May 30, 1997
History: Amended 1997 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 37, effective May 30, 1997. -- Created 1982 Ky. Acts ch. 382, sec. 11, effective July 15, 1982.
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