{"data":{"id":"us-ky/krs-78.782","jurisdiction":"us-ky","citation":"KRS 78.782","heading":"County Employees Retirement System board of trustees -- Appointed and","body":"elected membership, vacancies, compensation, duties, and meetings -- Board\ngranted powers and privileges of corporation -- Chief executive officer and\ngeneral counsel -- Annual Comprehensive Financial Report -- Expenses --\nAction for damages -- Appeals -- Transparency -- Limitations on use of funds.\n(1) The County Employees Retirement System shall be administered by the board of\ntrustees composed of nine (9) members, who shall be selected as follows:\n(a) Three (3) trustees, who shall be members or retired from the County\nEmployees Retirement System, elected by the members and retired members\nof the County Employees Retirement System, of which:\n1. Two (2) shall have a major ity of his or her service credit earned in the\nCounty Employees Retirement System in a nonhazardous position; and\n2. One (1) shall have a majority of his or her service credit earned in the\nCounty Employees Retirement System in a hazardous position;\n(b) Six (6) trustees appointed by the Governor, subject to Senate confirmation in\naccordance with KRS 11.160 for each appointment or reappointment. Of the\nsix (6) trustees appointed by the Governor:\n1. One (1) trustee with retirement experience shall be appointe d from a list\nof three (3) applicants submitted by the Kentucky League of Cities;\n2. One (1) trustee with investment experience shall be appointed from a list\nof three (3) applicants submitted by the Kentucky League of Cities;\n3. One (1) trustee with retirement experience shall be appointed from a list\nof three (3) applicants submitted by the Kentucky Association of\nCounties;\n4. One (1) trustee with investment experience shall be appointed from a list\nof three (3) applicants submitted by the Kentucky Association of\nCounties;\n5. One (1) trustee with retirement experience shall be appointed from a list\nof three (3) applicants submit ted by the Kentucky School Boards\nAssociation; and\n6. One (1) trustee with investment experience shall be appointed from a list\nof three (3) applicants submitted by the Kentucky School Boards\nAssociation.\nNotwithstanding the provisions of KRS 12.070(3), t he Governor shall appoint\neach individual trustee described by subparagraphs 1. to 6. of this paragraph\nsolely from each corresponding individual list required to be submitted by the\nKentucky League of Cities, the Kentucky Association of Counties, or the\nKentucky School Boards Association as provided by subparagraphs 1. to 6. of\nthis paragraph, and the Governor shall not be able to reject the list of\napplicants submitted, request that another list be provided, or use a list\ndifferent from the one (1) indivi dual list required to be submitted for each\nspecific appointment or reappointment;\n(c) For purposes of paragraph (b) of this subsection, a trustee with \"investment\nexperience\" means an individual who does not have a conflict of interest, as\nprovided by KRS 61.655, and who has at least ten (10) years of experience in\none (1) of the following areas of expertise:\n1. A portfolio manager acting in a fiduciary capacity;\n2. A professional securities analyst or investment consultant;\n3. A current or retired employe e or principal of a trust institution,\ninvestment or finance organization, or endowment fund acting in an\ninvestment-related capacity;\n4. A chartered financial analyst in good standing as determined by the\nCFA Institute; or\n5. A university professor, teaching investment-related studies; and\n(d) For purposes of paragraph (b) of this subsection, a trustee with \"retirement\nexperience\" means an individual who does not have a conflict of interest, as\nprovided by KRS 61.655, and who has at least ten (10) years of  experience in\none (1) of the following areas of expertise:\n1. Experience in retirement or pension plan management;\n2. A certified public accountant with relevant experience in retirement or\npension plan accounting;\n3. An actuary with relevant experience i n retirement or pension plan\nconsulting;\n4. An attorney licensed to practice law in the Commonwealth of Kentucky\nwith relevant experience in retirement or pension plans; or\n5. A current or former university professor whose primary area of\nemphasis is economics or finance.\n(2) The board is hereby granted the powers and privileges of a corporation, including\nbut not limited to the following powers:\n(a) To sue and be sued in its corporate name;\n(b) To make bylaws not inconsistent with the law;\n(c) To conduct the business and promote the purposes for which it was formed;\n(d) Except as provided in KRS 78.790(6), to contract for investment counseling,\nauditing, medical, and other professional or technical services as required to\ncarry out the obligations of the bo ard subject to the provisions of KRS\nChapters 45, 45A, 56, and 57. Actuarial consulting services shall be provided\nby a firm hired by the Kentucky Public Pensions Authority;\n(e) To purchase fiduciary liability insurance;\n(f) Except as provided in KRS 78.79 0(6), to acquire, hold, sell, dispose of,\npledge, lease, or mortgage, the goods or property necessary to exercise the\nboard's powers and perform the board's duties subject to KRS Chapters 45,\n45A, and 56; and\n(g) The board shall reimburse any trustee, offi cer, or employee for any legal\nexpense resulting from a civil action arising out of the performance of his or\nher official duties. The hourly rate of reimbursement for any contract for legal\nservices under this paragraph shall not exceed the maximum hourly  rate\nprovided in the Legal Services Duties and Maximum Rate Schedule\npromulgated by the Government Contract Review Committee established\npursuant to KRS 45A.705, unless a higher rate is specifically approved by the\nsecretary of the Finance and Administration Cabinet or his or her designee.\n(3) Notwithstanding the provisions of subsection (1) of this section, each trustee shall\nserve a term of four (4) years or until his or her successor is duly qualified except as\notherwise provided in this section. An ele cted or appointed trustee shall not serve\nmore than three (3) consecutive four (4) year terms. An elected or appointed trustee\nwho has served three (3) consecutive terms may be elected or appointed again after\nan absence of four (4) years from the board.\n(4) (a) The trustees selected by the membership of the system shall be elected by\nballot. For each trustee to be elected, the board may nominate, not less than\nsix (6) months before a term of office of a trustee is due to expire, three (3)\nconstitutionally eligible individuals.\n(b) Individuals may be nominated by the system members by presenting to the\nexecutive director, not less than four (4) months before a term of office of a\ntrustee is due to expire, a petition, bearing the name, last four (4) digits of the\nSocial Security numbe r, and signature of no less than one -tenth (1/10) of the\nnumber voting in the last election by the system members.\n(c) Within four (4) months of the nominations made in accordance with\nparagraphs (a) and (b) of this subsection, the executive director shall  cause to\nbe prepared an official ballot. The ballot shall carry the name, address, and\nposition title of each individual nominated by the board and by petition.\nProvision shall also be made for write-in votes.\n(d) Except as provided by paragraph (j) of th is subsection, the ballots shall be\ndistributed to the eligible voters by mail to their last known residence address\non file with the Kentucky Public Pensions Authority. Ballots shall not be\ndistributed by mail to member addresses reported as invalid to th e Kentucky\nPublic Pensions Authority.\n(e) The ballots shall be addressed to the County Employees Retirement System in\ncare of a predetermined box number at a United States Post Office or\nsubmitted electronically or by telephone as provided by paragraph (j)  of this\nsubsection. Access to this post office box shall be limited to the board's\ncontracted firm. The individual receiving a plurality of votes shall be declared\nelected.\n(f) The eligible voter shall cast his or her ballot by selecting the candidate of his\nor her choice. He or she shall sign and mail the ballot or cast the ballot online,\nby telephone, or by any other electronic means made available by the\nAuthority at least thirty (30) days prior to the date the term to be filled is due\nto expire. The la test mailing date, or date to cast telephonic or electronic\nballots, shall be provided on the ballot.\n(g) The board's contracted firm shall report in writing the outcome to the chair of\nthe board of trustees. Costs of an election shall be payable from the funds of\nthe system.\n(h) For purposes of this subsection, an eligible voter shall be a person who was a\nmember of the system on December 31 of the year preceding the election\nyear.\n(i) Each individual who submits a request to be nominated by the board unde r\nparagraph (a) of this subsection and each individual who is nominated by the\nmembership under paragraph (b) of this subsection shall:\n1. Complete an application developed by the system which shall include\nbut not be limited to a disclosure of any prior f elonies and any conflicts\nof interest that would hinder the individual's ability to serve on the\nboard;\n2. Submit a resume detailing the individual's education and employment\nhistory and a cover letter detailing the member's qualifications for\nserving as trustee to the board; and\n3. Authorize the system to have a criminal background check performed.\nThe criminal background check shall be performed by the Department\nof Kentucky State Police.\n(j) In lieu of the ballots mailed to members and retired members as  provided by\nthis subsection, the systems may by promulgation of administrative regulation\npursuant to KRS Chapter 13A conduct trustee elections using electronic\nballots or by telephone, except that the systems shall mail a paper ballot upon\nrequest of any eligible voter.\n(5) (a) Any vacancy which may occur in an appointed position during a term of\noffice shall be filled in the same manner which provides for the selection of\nthe particular trustee, and any vacancy which may occur in an elected position\nduring a term of office shall be filled by appointment by a majority vote of the\nremaining elected trustees; however, any vacancy shall be filled only for the\nduration of the unexpired term. In the event of a vacancy of an elected trustee\nduring a term of offi ce, the system shall notify members of the vacancy and\nthe opportunity to be considered for the vacant position. Any vacancy shall be\nfilled within ninety (90) days of the position becoming vacant.\n(b) Any appointments or reappointments to an appointed pos ition on the board\nshall be made at least thirty (30) days prior to an appointed member's term of\noffice ending. The Governor's Office shall, with each appointment or\nreappointment, request lists to be submitted and base selections on those lists\nsolely under the procedures and requirements provided by subsection (1)(b) of\nthis section.\n(6) (a) Membership on the board of trustees shall not be incompatible with any other\noffice unless a constitutional incompatibility exists. No trustee shall serve in\nmore than one (1) position as trustee on the board and, if a trustee holds more\nthan one (1) position as trustee on the board, he or she shall resign a position.\n(b) A trustee shall be removed from office upon conviction of a felony or for a\nfinding of a violation of any provision of KRS 11A.020 or 11A.040 by a court\nof competent jurisdiction.\n(c) A current or former employee of the County Employees Retirement System,\nKentucky Retirement Systems, or the Kentucky Public Pensions Authority\nshall not be eligible to serve as a member of the board.\n(7) Trustees who do not otherwise receive a salary from the State Treasury shall\nreceive a per diem of eighty dollars ($80) for each day they are in session or on\nofficial duty, and they shall be reimbursed for their actual a nd necessary expenses\nin accordance with state administrative regulations and standards.\n(8) (a) The board shall meet at least once in each quarter of the year and may meet in\nspecial session upon the call of the chair or the chief executive officer.\n(b) The board shall elect a chair and a vice chair. The chair shall not serve more\nthan four (4) consecutive years as chair or vice chair of the board. The vice\nchair shall not serve more than four (4) consecutive years as chair or vice\nchair of the board. A tr ustee who has served four (4) consecutive years as\nchair or vice chair of the board may be elected chair or vice chair of the board\nafter an absence of two (2) years from the positions.\n(c) A majority of the trustees shall constitute a quorum, and all acti ons taken by\nthe board shall be by affirmative vote of a majority of the trustees present.\n(9) (a) The board of trustees shall appoint or contract for the services of a chief\nexecutive officer and general counsel and fix the compensation and other\nterms of employment for these positions without limitation of the provisions\nof KRS Chapters 18A and 45A and KRS 64.640. The chief executive officer\nshall serve as the legislative and executive adviser to the board. The general\ncounsel shall serve as legal adviser  to the board. The chief executive officer\nand general counsel shall work with the executive director of the Kentucky\nPublic Pensions Authority to carry out the provisions of KRS 78.510 to\n78.852. The executive director of the Kentucky Public Pensions Auth ority\nshall be the chief administrative officer of the board.\n(b) The board shall require the chief executive officer and may require the general\ncounsel to execute bonds for the faithful performance of his or her duties\nnotwithstanding the limitations of KRS Chapter 62.\n(c) The board shall have a system of accounting established by the Kentucky\nPublic Pensions Authority.\n(d) The board shall do all things, take all actions, and promulgate all\nadministrative regulations, not inconsistent with the provisions of KRS 78.510\nto 78.852, necessary or proper in order to carry out the provisions of KRS\n78.510 to 78.852. Notwithstanding any other evidence of legislative intent, it\nis hereby declared to be the controlling legislative intent that the provisions of\nKRS 78.510 to 78.852 conform with federal statute or regulation and meet the\nqualification requirements under 26 U.S.C. sec. 401(a), applicable federal\nregulations, and other published guidance. Provisions of KRS 78.510 to\n78.852 which conflict with federal sta tute or regulation or qualification under\n26 U.S.C. sec. 401(a), applicable federal regulations, and other published\nguidance shall not be available. The board shall have the authority to\npromulgate administrative regulations to conform with federal statut e and\nregulation and to meet the qualification requirements under 26 U.S.C. sec.\n401(a), including an administrative regulation to comply with 26 U.S.C. sec.\n401(a)(9).\n(e) Notwithstanding any other provision of statute to the contrary, including but\nnot limited to any provision of KRS Chapter 12, the Governor shall have no\nauthority to change any provision of KRS 78.510 to 78.852 by executive order\nor action, including but n ot limited to reorganizing, replacing, amending, or\nabolishing the membership of the County Employees Retirement System\nboard of trustees.\n(10) The chief executive officer and general counsel of the board shall serve during its\nwill and pleasure. Notwithst anding any statute to the contrary, the chief executive\nofficer shall not be considered a legislative agent under KRS 6.611.\n(11) The Attorney General, or an assistant designated by him or her, may attend each\nmeeting of the board and may receive the agend a, board minutes, and other\ninformation distributed to trustees of the board upon request. The Attorney General\nmay act as legal adviser and attorney for the board, and the board may contract for\nlegal services, notwithstanding the limitations of KRS Chapter 12 or 13B.\n(12) (a) The Kentucky Public Pensions Authority shall publish an annual financial\nreport showing all receipts, disbursements, assets, and liabilities for the\nsystems. The annual report shall include a copy of an audit conducted in\naccordance with generally accepted auditing standards. Except as provided by\nparagraph (b) of this subsection, the board may select the independent\ncertified public accountant hired by the Kentucky Public Pensions Authority\nor the Auditor of Public Accounts to perfor m the audit. If the audit is\nperformed by an independent certified public accountant, the Auditor of\nPublic Accounts shall not be required to perform an audit pursuant to KRS\n43.050(2)(a), but may perform an audit at his or her discretion. All\nproceedings and records of the board shall be open for inspection by the\npublic. The Kentucky Public Pensions Authority shall make copies of the\naudit required by this subsection available for examination by any member,\nretiree, or beneficiary in the offices of the Co unty Employees Retirement\nSystem and in other places as necessary to make the audit available to all\nmembers, retirees, and beneficiaries. A copy of the annual audit shall be sent\nelectronically to the Legislative Research Commission no later than ten (10)\ndays after receipt by the board.\n(b) At least once every five (5) years, the Auditor of Public Accounts shall\nperform the audit described by this subsection, and the system shall reimburse\nthe Auditor of Public Accounts for all costs of the audit. The Aud itor of\nPublic Accounts shall determine which fiscal year during the five (5) year\nperiod the audit prescribed by this paragraph will be completed.\n(13) All expenses incurred by or on behalf of the system and the board in the\nadministration of the system d uring a fiscal year shall be paid from the retirement\nallowance account, including any administrative expenses for the Kentucky Public\nPensions Authority that are assigned to the County Employees Retirement System\nby KRS 61.505. The board shall submit any administrative expenses that are\nspecific to the County Employees Retirement System that are not otherwise covered\nby KRS 61.505(11)(a).\n(14) Except as provided under subsection (16) of this section or KRS 61.665, any person\nadversely affected by a decisio n of the board involving KRS 78.510 to 78.852 may\nappeal the decision of the board to the Franklin Circuit Court within sixty (60) days\nof the board action.\n(15) (a) A trustee shall discharge his or her duties as a trustee, including his or her\nduties as a member of a committee:\n1. In good faith;\n2. On an informed basis; and\n3. In a manner he or she honestly believes to be in the best interest of the\nCounty Employees Retirement System.\n(b) A trustee discharges his or her duties on an informed basis if, when  he or she\nmakes an inquiry into the business and affairs of the system or into a\nparticular action to be taken or decision to be made, he or she exercises the\ncare an ordinary prudent person in a like position would exercise under\nsimilar circumstances.\n(c) In discharging his or her duties, a trustee may rely on information, opinions,\nreports, or statements, including financial statements and other financial data,\nif prepared or presented by:\n1. One (1) or more officers or employees of the system or Author ity whom\nthe trustee honestly believes to be reliable and competent in the matters\npresented;\n2. Legal counsel, public accountants, actuaries, or other persons as to\nmatters the trustee honestly believes are within the person's professional\nor expert competence; or\n3. A committee of the board of trustees of which he or she is not a member\nif the trustee honestly believes the committee merits confidence.\n(d) A trustee shall not be considered as acting in good faith if he or she has\nknowledge concerning the m atter in question that makes reliance otherwise\npermitted by paragraph (c) of this subsection unwarranted.\n(e) Any action taken as a trustee, or any failure to take any action as a trustee,\nshall not be the basis for monetary damages or injunctive relief unless:\n1. The trustee has breached or failed to perform the duties of the trustee's\noffice in compliance with this section; and\n2. In the case of an action for monetary damages, the breach or failure to\nperform constitutes willful misconduct or wanton or r eckless disregard\nfor human rights, safety, or property.\n(f) A person bringing an action for monetary damages under this section shall\nhave the burden of proving by clear and convincing evidence the provisions of\nparagraph (e)1. and 2. of this subsection, and the burden of proving that the\nbreach or failure to perform was the legal cause of damages suffered by the\nsystem.\n(g) In discharging his or her administrative duties under this section, a trustee\nshall strive to administer the system in an efficient a nd cost-effective manner\nfor the taxpayers of the Commonwealth of Kentucky and shall take all actions\navailable under the law to contain costs for the trusts, including costs for\nparticipating employers, members, and retirees.\n(16) When an order by the sys tem substantially impairs the benefits or rights of a\nmember, retired member, or recipient, except action which relates to entitlement to\ndisability benefits, or when an employer disagrees with an order of the system as\nprovided by KRS 61.598, the affected  member, retired member, recipient, or\nemployer may request a hearing to be held in accordance with KRS Chapter 13B.\nThe board may establish an appeals committee whose members shall be appointed\nby the chair and who shall have authority to act upon the rec ommendations and\nreports of the hearing officer on behalf of the board. The member, retired member,\nrecipient, or employer aggrieved by a final order of the board following the hearing\nmay appeal the decision to the Franklin Circuit Court, in accordance wi th KRS\nChapter 13B. The board may establish a joint administrative appeals committee\nwith the Kentucky Retirement Systems and may also establish a joint disability\nappeals committee with the Kentucky Retirement Systems.\n(17) The board shall establish a for mal trustee education program for all trustees of the\nboard. The program shall include but not be limited to the following:\n(a) A required orientation program for all new trustees elected or appointed to the\nboard. The orientation program shall include training on:\n1. Benefits and benefits administration;\n2. Investment concepts, policies, and current composition and\nadministration of system investments;\n3. Laws, bylaws, and administ rative regulations pertaining to the system\nand to fiduciaries; and\n4. Actuarial and financial concepts pertaining to the system.\nIf a trustee fails to complete the orientation program within one (1) year from\nthe beginning of his or her first term on the  board, the system shall withhold\npayment of the per diem and travel expenses due to the board member under\nthis section until the trustee has completed the orientation program;\n(b) Annual required training for board members on the administration, benefits ,\nfinancing, and investing of the system. If a trustee fails to complete the annual\nrequired training during the calendar or fiscal year, the retirement system shall\nwithhold payment of the per diem and travel expenses due to the board\nmember under this section until the board member has met the annual training\nrequirements; and\n(c) The system shall incorporate by reference in an administrative regulation,\npursuant to KRS 13A.2251, the trustee education program.\n(18) In order to improve public transparency regarding the administration of the system,\nthe board of trustees shall adopt a best practices model by posting the following\ninformation to the Kentucky Public Pensions Authority's website and shall make\navailable to the public:\n(a) Meeting notices and ag endas for all meetings of the board. Notices and\nagendas shall be posted to the Kentucky Public Pensions Authority's website\nat least seventy -two (72) hours in advance of the board or committee\nmeetings, except in the case of special or emergency meetings as provided by\nKRS 61.823;\n(b) The Annual Comprehensive Financial Report with the information as follows:\n1. A general overview and update on the system by the executive director;\n2. A listing of the board of trustees;\n3. A listing of key staff;\n4. An organizational chart;\n5. Financial information, including a statement of plan net assets, a\nstatement of changes in plan net assets, an actuarial value of assets, a\nschedule of investments, a statement of funded status and funding\nprogress, and other supporting data;\n6. Investment information, including a general overview, a list of the\nsystem's professional consultants, a total net of fees return on system\ninvestments over a historical period, an investment summary, contracted\ninvestment management expenses, t ransaction commissions, and a\nschedule of investments;\n7. The annual actuarial valuation report on the pension benefit and the\nmedical insurance benefit; and\n8. A general statistical section, including information on contributions,\nbenefit payouts, and retirement system demographic data;\n(c) All external audits;\n(d) All board minutes or other materials that require adoption or ratification by\nthe board of trustees. The items listed in this paragraph shall be posted within\nthree (3) business days of adoption or ratification of the board;\n(e) All bylaws, policies, or procedures adopted or ratified by the board of\ntrustees;\n(f) The system's summary plan description;\n(g) A document containing an unofficial copy of the statutes governing the\nsystem;\n(h) A listing  of the members of the board of trustees and membership on each\ncommittee established by the board, including any investment committees;\n(i) All investment holdings in aggregate, fees, and commissions for each fund\nadministered by the board, which shall be  updated on a quarterly basis for\nfiscal years beginning on or after July 1, 2021. The system shall request from\nall managers, partnerships, and any other available sources all information\nregarding fees and commissions and shall, based on the requested in formation\nreceived:\n1. Disclose the dollar value of fees and commissions paid to each\nindividual manager or partnership;\n2. Disclose the dollar value of any profit sharing, carried interest, or any\nother partnership incentive arrangements, partnership agre ements, or\nany other partnership expenses received by or paid to each manager or\npartnership; and\n3. As applicable, report each fee or commission by manager or partnership\nconsistent with standards established by the Institutional Limited\nPartners Association (ILPA).\nIn addition to the requirements of this paragraph, the system shall also\ndisclose the na me and address of all individual underlying managers or\npartners in any fund of funds in which system assets are invested;\n(j) An update of net of fees investment returns, asset allocations, and the\nperformance of the funds against benchmarks adopted by th e board for each\nfund, for each asset class administered by the board, and for each manager.\nThe update shall be posted on a quarterly basis for fiscal years beginning on\nor after July 1, 2021;\n(k) A searchable database of the system's expenditures and a l isting of each\nindividual employed by the system along with the employee's salary or wages.\nIn lieu of posting the information required by this paragraph to the Kentucky\nPublic Pensions Authority's website, the system may provide the information\nthrough a website established by the executive branch to inform the public\nabout public employee salaries and wages;\n(l) All contracts or offering documents for services, goods, or property purchased\nor utilized by the system for contracts or offering documents ente red into on\nor after July 1, 2021;\n(m) Information regarding the system's financial and actuarial condition that is\neasily understood by the members, retired members, and the public; and\n(n) All proxy vote reports as provided by KRS 78.790(7).\n(19) Notwithstanding the requirements of subsection (18) of this section, the system\nshall not be required to furnish information that is protected under KRS 61.661,\nexempt under KRS 61.878, or that, if disclosed, would compromise the system's\nability to competitively  invest in real estate or other asset classes, except that no\nprovision of this section or KRS 61.878 shall exclude disclosure and review of all\ncontracts, including investment contracts, by the board, the Auditor of Public\nAccounts, and the Government Contract Review Committee established pursuant to\nKRS 45A.705 or the disclosure of investment fees and commissions as provided by\nthis section. If any public record contains material which is not excepted under this\nsection, the system shall separate the exce pted material by removal, segregation, or\nredaction, and make the nonexcepted material available for examination.\n(20) Notwithstanding any other provision of KRS 78.510 to 78.852 to the contrary, no\nfunds of the County Employees Retirement System, includin g fees and\ncommissions paid to an investment manager, private fund, or company issuing\nsecurities, who manages systems assets, shall be used to pay fees and commissions\nto placement agents. For purposes of this subsection, \"placement agent\" means a\nthird-party individual, who is not an employee, or firm, wholly or partially owned\nby the entity being hired, who solicits investments on behalf of an investment\nmanager, private fund, or company issuing securities.","path":["KRS Chapter 78"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=54870","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:39Z","sha256":"d683604598bb81c7a0f3410ff81bdaab6cc08b62356fba3619440ce0688826c4","source_id":"us-ky","stale":false,"prev":"us-ky/krs-78.780","next":"us-ky/krs-78.784"},"notice":"GroundRules: Original legal text. Not legal advice."}