Ky. Rev. Stat. § 164A.820

Current through Acts Received April 24, 2024
Section 164A.820 - Use of fund - Separate budget required
(1) The fund shall be used to defray the costs of debt service to retire revenue bonds issued to defray the costs of constructing and equipping any mining and minerals building authorized by the General Assembly for construction on the University of Kentucky campus. Idle funds shall be invested as provided by law for funds of the University of Kentucky. Investment earnings shall be deposited in the fund.
(2) A separate budget for required debt service on a mining and minerals building shall be submitted in accordance with KRS Chapter 45.

KRS 164A.820

Effective:7/15/1986
Amended 1986 Ky. Acts ch. 232, sec. 1, effective7/15/1986. -- Created 1982 Ky. Acts ch. 260, secs. 6 and 7, effective 7/15/1982.