164A.620 Fund for excellence.
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<![CDATA[164A.620 Fund for excellence. The governing board is authorized to establish a "fund for excellence" trust fund into <br>which gifts, grants, and special appropriations by the General Assembly intended for such <br>purpose may be deposited. The governing board may also deposit into this fund proceeds <br>from the sale of surplus property. Investment income from moneys in this fund shall be <br>used only to enhance academic programs of the institutions. Effective: July 15, 1982 <br>History: Created 1982 Ky. Acts ch. 391, sec. 17, effective July 15, 1982. ]]>