161.460 Interest in investments. - Kentucky Statutes

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161.460 Interest in investments. No member or employee of the board of trustees shall have any interest in the gain or
profits of any investment made by the board, or for himself or as an agent for another use
any of the assets of the retirement system in any manner except to make current and
necessary payments authorized by the board, or become an endorser, surety, or obligor for
moneys loaned to or borrowed from the board, or otherwise profit from any transaction of
the board. Effective: July 13, 1990
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 502, effective July 13, 1990. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942,
from Ky. Stat. sec. 4506b-25.