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Current as of January 01, 2025 | Updated by Findlaw Staff
As used in KRS 164.7011 to 164.7021:
(1) “Advisory committee” means the Kentucky Aerospace, Aviation, and Defense Investment Fund Advisory Committee established in KRS 164.7013;
(2) “Aviation” means the operation, maintenance, or manufacturing of aircraft or other aerospace equipment, aerospace initiatives and efforts, and defense-related products related to aerospace and aviation;
(3) “Aviation industry partner” means a grantor to the fund that the council determines customarily employs individuals with an eligible aviation or aerospace credential in a relevant aviation role in the usual course of the grantor's business;
(4) “Aviation program”:
(a) Means an education or training program located in Kentucky that issues eligible aviation or aerospace credentials or is a specific requirement to earning an eligible aviation or aerospace credential, including but not limited to a public high school vocational program; and
(b) Notwithstanding paragraph (a) of this subsection, does not include a flight training program unless that program is a certified pilot school regulated by the Federal Aviation Administration in accordance with 14 C.F.R. pt. 141 or is a public high school vocational program;
(5) “Council” means the Council on Postsecondary Education;
(6) “Dedicated moneys” means a gift, grant, or donation to the fund that is subject to restrictions imposed by a private grantor under KRS 164.7015;
(7) “Eligible aviation credential” means:
(a) Any license or certification issued by the Federal Aviation Administration;
(b) A Bachelor of Science in aviation issued by a postsecondary education institution overseen or licensed by the council and located in Kentucky;
(c) Any engineering degree issued by a postsecondary education institution overseen or licensed by the council and located in Kentucky; or
(d) A career and technical education license or certification determined by the council, in collaboration with the advisory committee, to be in high demand and relevant to the aerospace industry;
(8) “Fund” means the Kentucky aerospace, aviation, and defense investment fund established in KRS 164.7013;
(9) “Grantor” means an individual or an entity that gifts, grants, or donates moneys to the fund;
(10) “Immediate family” means an individual's parents, siblings, spouse, and children;
(11) “Kentucky resident” means a Kentucky resident as defined by the council pursuant to KRS 164.020(8); and
(12) “Public aviation program” is an aviation program that is a public high school vocational program or institution that is a member of Kentucky's public postsecondary education system.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XIII. Education § 164.7011.Definitions for KRS 164.7011 to 164.7021 - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xiii-education/ky-rev-st-sect-164-7011/
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.
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