KRS 164.350: General powers and duties of boards of regents.

(1) The government of each of the state universities and the Kentucky Community and

Technical College System is vested in its respective board of regents. Each board,

when its members have been appointed and qualified, shall constitute a body

corporate, with t he usual corporate powers, and with all immunities, rights,

privileges, and franchises usually attaching to the governing bodies of educational

institutions. Each board may:

(a) Receive grants of money and expend the same for the use and benefit of the

university or college;

(b) Require such reports from the president, officers, faculty, and employees as it

deems necessary and proper from time to time;

(c) Determine the number of divisions, departments, bureaus, offices, and

agencies needed for the successf ul conduct of the affairs of the university or

college; and

(d) Grant diplomas and confer degrees upon the recommendation of the president

and faculty.

(2) Each board shall adopt bylaws, rules, and regulations for the governance of its

members, officers, a gents, and employees, which shall reference the member

removal and replacement provisions of KRS 63.080, and the board shall enforce

obedience to such bylaws, rules, and regulations.

(3) Each board shall periodically evaluate the institution's progress in implementing its

missions, goals, and objectives to conform to the adopted strategic agenda. Officers

and officials shall be held accountable for the status of the institution's progress.

(4) (a) In addition to the duties required in subsections (1), (2), and (3) of this

section, the board for the Kentucky Community and Technical College

System, upon recommendation of the president of the system, shall:

1. Review the president's biennial budget request for the Kentucky

Community and Technical College System;

2. Designate each college with a name;

3. Encourage and accept donations of land and funds to be used in the

acquisition, construction, or operations of colleges in the system. The

board may commemorate donations from private persons or

corporations with suitable memorials;

4. Accept federal grants when deemed appropriate to be used in the

acquisition, construction, or operations of colleges in the system; and

5. Review the budget planning and implementation processes to ensure

consistency with the adopted strategic agenda and biennial budget and

with the missions of the colleges within the system; and

(b) The board of regents shall adopt a policy specifyi ng the minimum

qualifications of the president of the system and the chancellors of the

colleges, which shall be the same.