164A.190 Acceptance of and expenditure of moneys received from General Assembly. - Kentucky Statutes

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164A.190 Acceptance of and expenditure of moneys received from General Assembly. The corporation is authorized to accept and expend such moneys as may be appropriated
from time to time by the General Assembly or such moneys as may be received from any
source including income from the corporation's operations, for effectuating its corporate
purposes including, without limitation, the payment of the initial expenses of
administration and operation and the establishment of a reserve or contingency fund to be
available for the payment of the principal of and interest on any bonds or notes of the
corporation. Effective: June 17, 1978
History: Created 1978 Ky. Acts ch. 387, sec. 19, effective June 17, 1978.