§185 | INTEREST ON SCHOOL FUND – INVESTMENT

The General Assembly shall make provision, by law, for the payment of the interest of said school fund, and may provide for the sale of the stock in the Bank of Kentucky; and in case of a sale of all or any part of said stock, the proceeds of sale shall be invested by the Sinking Fund Commissioners in other good interest-bearing stocks or bonds, which shall be subject to sale and reinvestment, from time to time, in like manner, and with the same restrictions, as provided with reference to the sale of the said stock in the Bank of Kentucky.

Congratulations! You're now booked up on Section 185 of the Kentucky Constitution!

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§185 | INTEREST ON SCHOOL FUND – INVESTMENT

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Text as Ratified on:	Aug. 3, 1891, and revised Sept. 28, 1891.
History:	Not yet amended.

§185 | INTEREST ON SCHOOL FUND – INVESTMENT

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add a comment

thank you, come again!TBD 1.037

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That Will Test Another User's Page-Specific Knowledge

Pages That You
Might Also Like

thank you, come again!
TBD 1.037