KRS 95.600: Investment of pension fund established under KRS 95.520.

The board of trustees established under KRS 95.520 may draw the pension fund from the

treasury and shall invest it, in whole or in part, in the name of the board or nominee name

as provided by KRS 286.3 -225, as the board deems most advantageous for the obj ects of

the fund, in interest -bearing bonds of any county, or any city in this state, or in any

securities in which trustees are permitted to invest trust funds under the laws of this state,

including a local government pension investment fund created purs uant to KRS 95.895.

The securities shall be subject to the order of the board.