KRS 61.440: Interstate instrumentalities.

Any instrumentality jointly created by this state and any other state or states is hereby

authorized, to the extent that this Commonwealth may confer authority, (1) to enter into

an agreement with the commissioner whereby the benefits of the federal old -age,

survivors, disability, and hospital insurance system shall be extended to employees of the

instrumentality, (2) to require its employees to pay (and for that purpose to deduct from

their wages) contributions equal to the amounts which they would be requ ired to pay

under subsection (1) of KRS 61.450 if they were covered by an agreement made pursuant

to KRS 61.430, and (3) to make payments to the Secretary of the Treasury in accordance

with the agreement, including payments from its own funds, and otherwis e to comply

with the agreement. The agreement shall, to the extent practicable, be consistent with the

terms and provisions of KRS 61.430, and all other terms and provisions, of KRS 61.410

to 61.500.