KRS 177.620: Investment or deposit of proceeds derived from sale of bonds -- Use of
Where this section sits in the code
- KRS Chapter 177
proceeds.
The proceeds derived from the sale of the aforesaid bonds shall be held or invested by the
State Property and Buildings Commission in the same manner and under the same
restrictions set forth in KRS 177.615 as to the sinking fund and shall be used solely and
only by the Department of Highways of the Commonwealth of Kentucky to match federal
funds allocated to Kentucky for the construction and reconstruction of highways, tu nnels
and bridges within the Commonwealth of Kentucky.
Collected 2026-09-05T20:51:29Z. Source file · JSON