760 KAR 1:050. Issuance of bonds.


      RELATES TO: KRS 164A.605


      NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 vests the responsibility with the governing board of a public institution of higher education to elect to perform financial management functions in accordance with KRS 164A.555 to 164A.630 by issuing administrative regulations. It also permits the board to delegate these responsibilities to an institution official. The function of this administrative regulation shall be to implement the provisions of KRS 164A.605 at Northern Kentucky University.


      Section 1. The Northern Kentucky University Board of Regents, under the provision of KRS 164A.560, elects the authority to issue bonds subject to the conditions as set forth in KRS 164A.605. (19 Ky.R. 1270; Am. 1542; eff. 1-4-93.)