2014 Kentucky Revised Statutes
CHAPTER 95 - CITY POLICE AND FIRE DEPARTMENTS
95.890 Definitions for KRS 95.895 to 95.945.
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<![CDATA[95.890 Definitions for KRS 95.895 to 95.945.
For the purposes of KRS 95.895 to 95.945, the following terms shall have the
following meanings:
(1) "Beneficiary" shall mean a member, either active or retired, of a local
government pension system which participates in the local government
pension investment fund;
(2) "Board" shall mean the governing body of the local government pension
investment fund, as provided for in KRS 95.905;
(3) "Fund" shall mean the local government pension investment fund, as created
by KRS 95.895 to 95.945;
(4) "Qualified investment manager" shall mean a bank or trust company as defined
and regulated in Subtitle 3 of KRS Chapter 286, or an investment adviser as
defined in KRS 292.310 and registered under KRS 292.330, or an investment
adviser registered under the federal investment advisers act of 1940, or an
insurance company certified pursuant to KRS 304.3-160;
(5) "Participant" shall mean a locally administered public pension system, created
pursuant to KRS 79.080, 90.400, 90.410, 95.290, 95.520 to 95.620, 95.621 to
95.629, 95.767 to 95.785, 95.851 to 95.884, 95.991 or 96.180, which chooses
to invest in and thereby become a member of the local government pension
investment fund.
Effective:July 13, 1984
History: Amended 1984 Ky. Acts ch. 111, sec. 55, effective July 13, 1984; and
ch. 177, sec. 16, effective July 13, 1984. -- Created 1980 Ky. Acts ch. 307,
sec. 1, effective July 15, 1980.
Legislative Research Commission Note (7/12/2006). 2006 Ky. Acts ch. 247
instructs the Reviser of Statutes to adjust KRS references throughout the
statutes to conform with the 2006 renumbering of the Financial Services Code,
KRS Chapter 286. Such an adjustment has been made in this statute.
Legislative Research Commission Note. This section was amended by two 1984
Acts which do not appear to be in conflict and have been compiled together.
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