740 KAR 1:080. Affiliated corporations.


      RELATES TO: KRS 164A.610


      NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 permits governing boards of public institutions of higher education to elect to perform financial management functions per KRS 164A.555 to 164A.630 by issuing administrative regulations to do so. This administrative regulation implements the provisions of KRS 164A.610 at the University of Louisville.


      Section 1. The University of Louisville Board of Trustees, under provisions of KRS 164A.560, elects to organize and operate one (1) or more affiliated corporations in accordance with KRS 164A.610. (9 Ky.R. 525; eff. 11-3-82; Am. 18 Ky.R. 2387; eff. 3-4-92.)