OAG 82-29 is cited in the decision to support the interpretation that state funds can be invested in term repurchase agreements involving U.S. Treasury Bills. This opinion is used to affirm the broader interpretation of permissible investments under KRS 66.480, extending it to include repurchase agreements.
OAG 82-29 was Followed by OAG 90-28
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Disclaimer:
The Sunshine Law Library is not exhaustive and may contain errors from source documents or the import process. Nothing on this website should be taken as legal advice. It is always best to consult with primary sources and appropriate counsel before taking any action.
The Sunshine Law Library is not exhaustive and may contain errors from source documents or the import process. Nothing on this website should be taken as legal advice. It is always best to consult with primary sources and appropriate counsel before taking any action.