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198A.190 Authority to accept and expend funds.

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198A.190 Authority to accept and expend funds. The corporation is authorized to accept and expend such moneys as may be appropriated <br>from time to time by the General Assembly or such moneys as may be received from any <br>source including income from the corporation's operations, for effectuating its corporate <br>purposes including, without limitation, the payment of the initial expenses of <br>administration and operation and the establishment of a reserve or contingency fund to be <br>available for the payment of the principal of and the interest on any bonds or notes of the <br>corporation. History: Amended 1974 Ky. Acts ch. 383, sec. 7. -- Created 1972 Ky. Acts ch. 70, sec. 20.