224A.050 Use of funds
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KY Code › Title XVIII › Chapter 224A › Section 224A.050
Text
224A.050 Use of funds.
It is hereby found and declared as a legislative finding of fact that in performing its duties
and responsibilities, the authority is performing and carrying out essential governmental
functions. The authority may, from time to time, receive and accept any and all
appropriations to the authority which may be made by the General Assembly of the state,
and the appropriations may be made to the authority. The authority may, from time to
time, receive and accept from the state, its agencies, and any federal agency, grants for, or
in aid of, any infrastructure project, and grants for, or in aid of, research or management
studies or training projects related to the purposes for which the authority is created, the
grants or contributions to be held, used, and applied only for the purposes for which the
grants and contributions are made and received.
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