Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
As used in KRS 45A.840 to 45A.879, unless the context requires otherwise:
(1) “Bond counsel” means an attorney who provides legal counsel to a bond issuing agency with regard to bond issuance and provides an unqualified legal opinion to the agency with respect to validity and tax treatment;
(2) “Bond issuance” means the formulation, authorization, and issuance of bonds by a bond issuing agency;
(3) “Bond issuing agency” means the State Property and Buildings Commission, Kentucky Asset/Liability Commission, Turnpike Authority of Kentucky, Kentucky Housing Corporation, Kentucky Infrastructure Authority, Kentucky Higher Education Student Loan Corporation, Kentucky River Authority, Kentucky Agricultural Finance Corporation, Kentucky Local Correctional Facilities Construction Authority, School Facilities Construction Commission, Murray State University, Western Kentucky University, University of Louisville when it declines to exercise the authority granted under KRS 164A.585(1) and 164A.605, Northern Kentucky University, Kentucky State University, University of Kentucky when it declines to exercise the authority granted under KRS 164A.585(1) and 164A.605, Morehead State University, Eastern Kentucky University, and the Kentucky Community and Technical College System;
(4) “Bonds” means the revenue bonds, notes, or other debt obligations issued by a bond issuing agency;
(5) “Executive director” means the executive director of the Office of Financial Management;
(6) “Office” means the Office of Financial Management established by KRS 42.0201;
(7) “Underwriter” means:
(a) The financial institution which structures and underwrites the bond issuing agency's issuance of bonds; or
(b) The financial advisor or fiscal agent which provides advice or services to the bond issuing agency with respect to the structure, timing, terms, or other matters concerning bond issuance;
(8) “Underwriter's counsel” means an attorney who provides legal counsel to an underwriter with respect to its work on behalf of a bond issuing agency.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title VI. Financial Administration § 45A.840.Definitions for KRS 45A.840 to 45A.879 - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-vi-financial-administration/ky-rev-st-sect-45a-840/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)