154.33.510 Definitions for KRS 154.33-501 to 154.33-585.
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<![CDATA[154.33-510 Definitions for KRS 154.33-501 to 154.33-585. As used in KRS 154.33-501 to 154.33-585, unless the context otherwise requires: <br>(1) "Area" or "region" means the geographical area represented by the East Kentucky Corporation, including that part of Kentucky contained within the Appalachian <br>region as defined by the federal Appalachian Regional Development Act of 1965, as <br>amended, except that the counties of Clark, Garrard, Lincoln, and Madison shall not <br>be included as part of the "area" or "region," as defined herein, for the purposes of <br>KRS 154.33-501 to 154.33-585; (2) "Board" means the board of directors of the corporation; <br>(3) "Bonds" or "notes" means revenue bonds, commercial paper revenue bonds, refunding revenue bonds, variable rate revenue bonds, notes, or other obligations <br>issued by the corporation under the authority of KRS 154.33-501 to 154.33-585; (4) "Committee" means the executive committee of the board of directors of the corporation, possessing all powers, duties, and responsibilities as provided in KRS <br>154.33-540, and as may be otherwise provided by the board; (5) "Commonwealth" means the Commonwealth of Kentucky; <br>(6) "Corporation" means the East Kentucky Corporation; <br>(7) "Executive director" means the chief administrator of the corporation having responsibility for its day-to-day operations, and possessing all duties, <br>responsibilities, and authorities as specified by the board or executive committee; (8) "Fund" means the East Kentucky economic development fund as provided by KRS 154.33-550; (9) "Local governing body" means the fiscal court of any county within the area or the legislative body of any city represented on the board of the corporation; and (10) "Project" means any economic or job development activity or program or facility or undertaking located within the area which is planned, developed, implemented, <br>operated, financed, or otherwise assisted by the corporation pursuant to KRS <br>154.33-501 to 154.33-585. Effective: April 21, 2000 <br>History: Amended 2000 Ky. Acts ch. 465, sec. 1, effective April 21, 2000. -- Amended 1992 Ky. Acts ch. 43, sec. 1, effective July 14, 1992. -- Created 1990 Ky. Acts ch. 105, sec. 1, effective March 20, 1990. Formerly codified as KRS 154B.100 ]]>