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2009 Kentucky Revised Statutes
CHAPTER 342 WORKERS' COMPENSATION
342.825 Investments.

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Page 1 of 1 342.825 Investments. The board shall formulate and adopt an investment policy that safeguards the value of all <br>assets and maximizes investment potential commensurate with risk and liquidity <br>restrictions, and supervise the investment activities of the authority subject to the <br>limitations on domestic insurance companies under KRS Chapter 304. Notwithstanding <br>any provisions of the Kentucky Revised Statutes to the contrary, the authority may utilize <br>the investment expertise and advice of the Office of Financial Management in the Finance <br>and Administration Cabinet. The authority shall also retain an independent investment <br>counsel or managers who shall be subject to standards applicable to fiduciaries <br>responsible for safeguarding assets of a corporation. Effective: July 14, 2000 <br>History: Amended 2000 Ky. Acts ch. 46, sec. 30, effective July 14, 2000. -- Created 1994 Ky. Acts ch. 181, Part 12, sec. 51, effective April 4, 1994.

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