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Code · Kentucky · Chapter 56 — State lands and buildings

56.8177 Execution of built-to-suit agreements -- Recording of agreements.

97 words·~1 min read·/ky/chapter-56/56-8177

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All built-to-suit lease agreements shall be reviewed by the Office of Financial Management within the Office of the Controller prior to execution on behalf of the Commonwealth by the secretary of the Finance and Administration Cabinet or on behalf of an institution in accordance with KRS 164A.630, and approved for form and legality by the Attorney General or an assistant attorney general, before they shall be binding against the Commonwealth. All the leases shall be lodged for record and recorded in the office of the county clerk of the county in which the leased property is located.
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