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Kentucky Revised Statutes Title VI. Financial Administration § 42.555.Investment commission as Sinking Fund Commission; sale of stock in Bank of Kentucky

Current as of January 01, 2024 | Updated by FindLaw Staff

(1) For the purposes of Section 185 of the Constitution of Kentucky, the State Investment Commission shall constitute the Sinking Fund Commission.

(2) The State Investment Commission may sell the stock in the Bank of Kentucky referred to in Sections 184 and 185 of the Constitution of Kentucky. The State Investment Commission may sell and reinvest the proceeds of the sale of the stock in the Bank of Kentucky from time to time.

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title VI. Financial Administration § 42.555.Investment commission as Sinking Fund Commission; sale of stock in Bank of Kentucky - last updated January 01, 2024 | https://codes.findlaw.com/ky/title-vi-financial-administration/ky-rev-st-sect-42-555/

Read this complete Kentucky Revised Statutes Title VI. Financial Administration § 42.555.Investment commission as Sinking Fund Commission; sale of stock in Bank of Kentucky on Westlaw. Westlaw subscription required.

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