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Code · Kentucky · Kentucky Revised Statutes

42.555 Investment commission as Sinking Fund Commission -- Sale of stock in

76 words·~1 min read·/ky/42-555

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Bank of Kentucky.
(1)For the purposes of Section 185 of the Constitution of Kentucky, the State
Investment Commission shall constitute the Sinking Fund Commission.
(2)The State Investment Commission may sell the stock in the Bank of Kentucky
referred to in Sections 184 and 185 of the Constitution of Kentucky. The State
Investment Commission may sell and reinvest the proceeds of the sale of the stock
in the Bank of Kentucky from time to time.
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