{"data":{"id":"us-ky/krs-247.960","jurisdiction":"us-ky","citation":"KRS 247.960","heading":"Obligations are legal investments for public entities and fiduciaries.","body":"Obligations issued by the corporation in its lending agency capacity under the provisions\nof KRS 247.940 to 247.978 are hereby made securities in which all public officers and\npublic bodies of the Commonwealth and its political subdivisions, all insurance\ncompanies, trust companies, banking associations, investment companies, executors,\nadministrators, trustees and other fiduciaries may properly and legally invest funds,\nincluding capital in their control or belonging to them. Such obligations are hereby ma de\nsecurities which may properly and legally be deposited with and received by any state or\nmunicipal officer or any agency or political subdivision of the Commonwealth for any\npurpose for which the deposit of bonds, notes or obligations of the Commonwealt h is\nnow or may hereafter be authorized by law.","path":["KRS Chapter 247"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=11872","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:00Z","sha256":"57c2472bd13ca5672fcba6819eab2141a339d5f6ec841e44660e42854b46e139","source_id":"us-ky","stale":false,"prev":"us-ky/krs-247.959","next":"us-ky/krs-247.962"},"notice":"GroundRules: Original legal text. Not legal advice."}