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2017 Kentucky Revised Statutes
CHAPTER 216 - HEALTH FACILITIES AND SERVICES
.823 Bonds as legal investments.

Universal Citation: KY Rev Stat § 216.823 (2017)
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216.823 Bonds as legal investments. Bonds issued by the authority are securities in which all public officers and public bodies, agencies and instrumentalities of the Commonwealth and its political subdivisions, all insurance companies, trust companies, bank associations, investment companies, executors, administrators, trustees and other fiduciaries, and all other persons whatsoever who are now or may hereafter be authorized to invest in bonds or other obligations of a similar nature may properly and legally invest funds, including capital in their control or belonging to them. Such bonds are 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 or other obligations of the Commonwealth is now or may hereafter be authorized by law. Effective: June 13, 1968 History: Created 1968 Ky. Acts ch. 132, sec. 10, effective June 13, 1968.
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