{"data":{"id":"us-ky/krs-165.100","jurisdiction":"us-ky","citation":"KRS 165.100","heading":"Purposes for which proceeds may be used.","body":"The money derived from the bonds issued under authority of KRS 165.080 shall be used\nto meet the needs of the university. The authorized use includes the payment for real\nestate and buildings purchased or to be purchased, the erection and alteration of\nimprovements, and the securing of proper equipment, but does not include the payment of\nsalaries or operating expenses or the payment of any existing indebtedness incurred as an\noperating expense.","path":["KRS Chapter 165"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=4617","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:20Z","sha256":"3291e7c7e37f8d42d5fe22a2103382d96fefb0989e83b4684240dbb99d96c929","source_id":"us-ky","stale":false,"prev":"us-ky/krs-165.090","next":"us-ky/krs-165.110"},"notice":"GroundRules: Original legal text. Not legal advice."}