164A.550 Definitions for KRS 164A.555 to 164A.630.

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Page 1 of 1 164A.550 Definitions for KRS 164A.555 to 164A.630. As used in KRS 164A.555 to 164A.630 unless the context otherwise requires: <br>(1) &quot;Governing board&quot; means the board of trustees or board of regents constituting the corporate bodies established by KRS 164.160 and 164.310 for the purpose of <br>governing universities and colleges and technical institutions. (2) &quot;Institutions&quot; means all public supported postsecondary educational institutions in Kentucky recognized in KRS 164.100, 164.290, 164.580, or 164.810(1)(a). (3) &quot;Affiliated corporation&quot; means a corporate entity which is not a public agency and which is organized pursuant to the provisions of KRS Chapter 273 over which an <br>institution exercises effective control, by means of appointments to its board of <br>directors, and which could not exist or effectively operate in the absence of <br>substantial assistance from an institution. (4) &quot;Depository bank&quot; means any bank so designated by the Treasurer of the Commonwealth as appropriate for receiving public moneys. Effective: May 30, 1997 <br>History: Amended 1997 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 136, effective May 30, 1997. -- Amended 1988 Ky. Acts ch. 257, sec. 6, effective July 15, 1988. -- Created <br>1982 Ky. Acts ch. 391, sec. 1, effective July 15, 1982.