Ky. Rev. Stat. § 95.600

Current through 2024 Ky. Acts ch.225
Section 95.600 - Investment of pension fund established under KRS 95.520

The board of trustees established under KRS 95.520 may draw the pension fund from the treasury and shall invest it, in whole or in part, in the name of the board or nominee name as provided by KRS 286.3-225, as the board deems most advantageous for the objects of the fund, in interest-bearing bonds of any county, or any city in this state, or in any securities in which trustees are permitted to invest trust funds under the laws of this state, including a local government pension investment fund created pursuant to KRS 95.895. The securities shall be subject to the order of the board.

KRS 95.600

Amended by 2014 Ky. Acts ch. 92,§ 130, eff. 1/1/2015.
Effective:7/15/1980
Amended 1980 Ky. Acts ch. 307, sec. 13, effective7/15/1980. -- Amended 1966 Ky. Acts ch. 255, sec. 108. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. secs. 3142b-4, 3142b-7, 3351a-4, 3351a-7.