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2015 Kentucky Revised Statutes
CHAPTER 198A - LOW-COST HOUSING
198A.150 Obligations of Kentucky Housing Corporation are authorized investments.

KY Rev Stat § 198A.150 (2015) What's This?

Download as PDF 198A.150 Obligations of Kentucky Housing Corporation are authorized investments. Obligations issued under the provisions of this chapter are hereby made 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 are hereby made 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 Commonwealth for any 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. 70, sec. 16.

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