772 KAR 1:050. Issuance of bonds.

 

      RELATES TO: KRS 164A.605

      STATUTORY AUTHORITY: KRS 164A.560

      NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of the public institutions of higher education may elect to perform the financial management functions of KRS 164A.555 to 164A.630 by issuing administrative regulations to do so. This administrative regulation implements the provision of KRS 164A.605 at Murray State University.

 

      Section 1. The Murray State University Board of Regents, under the provisions of KRS 164A.560, elects the authority to issue bonds, subject to the conditions as set forth in KRS 164A.605. (25 Ky.R. 144; eff. 9-3-98.)