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2009 Kentucky Revised Statutes
CHAPTER 224A KENTUCKY INFRASTRUCTURE AUTHORITY
224A.150 Authority's bonds are permissible investments.
Download pdfhereby declared and deemed to be securities in which all public officers and public bodies
of the Commonwealth and its political subdivisions, all insurance companies, trust
companies, banking associations, investment companies, executors, administrators,
trustees, and other fiduciaries may properly and legally invest funds, including capital in
their control or belonging to them. Such obligations of the authority are hereby declared
and determined to be securities which may properly and legally be deposited with and
received by any state or municipal officer or any agency or political subdivision of the
state, for the purpose for which the deposit of bonds, notes, or obligations of the state is
now, or may hereafter be, authorized by law. History: Created 1972 Ky. Acts ch. 329, sec. 15.
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