KRS 164.742: Kentucky Higher Education Assistance Authority created -- Adoption of

assumed name.

(1) There is hereby established a body corporate and politic constituting a public

corporation and governmental agency and instrumentality of the Commonwealth by

the name of the "Kentucky Higher Education Assistance Authority." The General

Assembly of the Commonwealth of Kentucky hereby finds and determines that in

carrying out its functions, powers, and duties as prescribed in this chapter, the

authority will be p erforming vital public purposes that improve the public welfare

and prosperity of the people of the Commonwealth of Kentucky by promoting the

availability of and enhancing accessibility to higher educational opportunities.

(2) For purposes of transacting a ny business with respect to the insured student loan

program in any state other than the Commonwealth, the authority may adopt an

assumed name in its corporate capacity, to the extent permitted by the laws of that

state. Any assumed name adopted by the aut hority shall not be identical to or

deceptively similar to the registered name of any corporation, partnership, trust, or

other business entity doing business in that state.