273.430 General powers.
109 words·~1 min read·
/ky/chapter-273/273-430A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
In order to accomplish its purposes, a community action agency may:
(1)Borrow money for any of the purposes of the agency;
(2)Issue debentures, notes, or other evidences of indebtedness, whether secured or
unsecured, and secure the same by mortgage, pledge, deed of trust, or other lien on
its property, franchise, rights and privileges of every kind or nature or any part
thereof or interest therein;
(3)Apply for and accept loans, grants, and other assistance from any entity, public or
private, including but not limited to the Commonwealth and the United States; and
(4)Perform all acts and things necessary or convenient to carry out its purposes.