765 KAR 1:050. Issuance of bonds.


      RELATES TO: KRS 164A.605


      NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of the public institutions of higher education may elect to perform the financial management functions of KRS 164A.555 to 164A.630 by issuing administrative regulations to do so. This administrative regulation implements the provision of KRS 164A.605 at the University of Kentucky.


      Section 1. The University of Kentucky Board of Trustees, under the provision of KRS 164A.560, elects the authority to issue bonds subject to the conditions as set forth in KRS 164A.605. (17 Ky.R. 711; eff. 10-14-90.)