Statutes > Kentucky Statutes > CHAPTER 164 STATE UNIVERSITIES AND COLLEGES -- REGIONAL EDUCATION -- ARCHAEOLOGY > 164.390 Interest in contracts prohibited.

164.390 Interest in contracts prohibited.

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164.390 Interest in contracts prohibited. Unless specifically approved by the governing board of an institution under the provisions <br>of KRS 164.367, no president, professor, teacher, member of the executive council, or <br>other officer or employee shall be interested in any contract or purchase for the building <br>or repairing of any structure or furnishing of any supplies for the use of a university or <br>college. Effective: June 26, 2007 <br>History: Amended 2007 Ky. Acts ch. 113, sec. 3, effective June 26, 2007. -- Amended 1978 Ky. Acts ch. 392, sec. 3, effective June 17, 1978. -- Recodified 1942 Ky. Acts <br>ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4527-48.