164.742 Kentucky Higher Education Assistance Authority created -- Adoption of
171 words·~1 min read·
/ky/164-742A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
assumed name.
(1)There is hereby established a body corporate and politic constituting a public
corporation and governmental agency and instrumentality of the Commonwealth by
the name of the "Kentucky Higher Education Assistance Authority." The General
Assembly of the Commonwealth of Kentucky hereby finds and determines that in
carrying out its functions, powers, and duties as prescribed in this chapter, the
authority will be performing vital public purposes that improve the public welfare
and prosperity of the people of the Commonwealth of Kentucky by promoting the
availability of and enhancing accessibility to higher educational opportunities.
(2)For purposes of transacting any business with respect to the insured student loan
program in any state other than the Commonwealth, the authority may adopt an
assumed name in its corporate capacity, to the extent permitted by the laws of that
state. Any assumed name adopted by the authority shall not be identical to or
deceptively similar to the registered name of any corporation, partnership, trust, or
other business entity doing business in that state.