772 KAR 1:070. Affiliated

corporations.

 

      RELATES TO: KRS 164A.610

      STATUTORY AUTHORITY: KRS 164A.560

      NECESSITY, FUNCTION, AND CONFORMITY:

The governing boards of the public institutions of higher education may elect

to perform the financial management functions of KRS 164A.555 to 164A.630 by

issuing administrative regulations to do so. This administrative regulation

implements the provisions of KRS 164A.610 at Murray State University.

 

      Section 1. The Murray State

University Board of Regents, under the provisions of KRS 164A.560, elects the

authority to organize and operate one (1) or more affiliated corporations in

accordance with KRS 164A.610. (25 Ky.R. 146; eff. 9-3-98.)