{"data":{"id":"us-ky/krs-177.615","jurisdiction":"us-ky","citation":"KRS 177.615","heading":"Investment or deposit of amounts received for sinking fund.","body":"The State Property and Buildings Commission may invest any amounts received for the\nsinking fund provided in KRS 177.580 to 177.630 in interest -bearing obligations of the\nUnited States or the purchase of the bonds authorized by KRS 177.580 to 177.630, or\nthey may deposit said amounts in any state or national bank or trust company of\nKentucky, but each such deposit shall be adequately secured by a corporate surety bond in\nsome good and solvent corporate surety company authorized to do business in Kentucky,\nor by the deposit of United States government bonds which are direct obligations of the\nUnited States of America in an amount equal to each such deposit.","path":["KRS Chapter 177"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=5357","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:29Z","sha256":"391464dc7af51861286512bfa8831d534dd202434856d6bdff6d9f92f34ca8c5","source_id":"us-ky","stale":false,"prev":"us-ky/krs-177.610","next":"us-ky/krs-177.620"},"notice":"GroundRules: Original legal text. Not legal advice."}