66.543 Investments by board. - Kentucky Statutes

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66.543 Investments by board. Authorized investments for the board's funds shall be general obligations of the United
States and its agencies and obligations of the Commonwealth of Kentucky and its
agencies and authorities exclusive of local units of government. Nevertheless, the board
may invest in obligations of local units of government, districts, commissions, authorities,
and municipalities within the county pursuant to specific parts of the plan when such
investments, in the judgment of the board, offer the best method of obtaining a particular
facility or improvement. History: Created 1966 Ky. Acts ch. 232, sec. 11.