Kentucky Administrative Regulations (Last Updated: August 1, 2016) |
TITLE 739. KENTUCKY COMMUNITY AND TECHNICAL COLLEGE SYSTEM |
Chapter 1. Board of Regents |
739 KAR 1:050. Affiliated corporations
Latest version.
-
Section 1. The Kentucky Community and Technical College System Board of Regents, under the provisions of KRS 164A.560, elects to organize and operate one (1) or more affiliated corporations in accordance with KRS 164A.610. (26 Ky.R. 1317; eff. 2-14-2000.)
Notation
RELATES TO: KRS 164A.610
STATUTORY AUTHORITY: KRS 164A.560
NECESSITY, FUNCTION, AND CONFORMITY: The governing boards of the public postsecondary institutions may elect to perform and delegate the responsibility for certain financial management functions by promulgating administrative regulations. This administrative regulation implements the provisions of KRS 164A.610 at the Kentucky Community and Technical College System.