State Codes and Statutes

Statutes > Kentucky > 045A00 > 840

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45A.840 Definitions for KRS 45A.840 to 45A.879. As used in KRS 45A.840 to 45A.879, unless the context requires otherwise: <br>(1) &quot;Bond counsel&quot; means an attorney who provides legal counsel to a bond issuing agency with regard to bond issuance and provides an unqualified legal opinion to <br>the agency with respect to validity and tax treatment; (2) &quot;Bond issuance&quot; means the formulation, authorization, and issuance of bonds by a bond issuing agency; (3) &quot;Bond issuing agency&quot; means the State Property and Buildings Commission, Kentucky Asset/Liability Commission, Turnpike Authority of Kentucky, Kentucky <br>Housing Corporation, Kentucky Infrastructure Authority, Kentucky Higher <br>Education Student Loan Corporation, Kentucky River Authority, Kentucky <br>Agricultural Finance Corporation, Kentucky Local Correctional Facilities <br>Construction Authority, School Facilities Construction Commission, Murray State <br>University, Western Kentucky University, University of Louisville when it declines <br>to exercise the authority granted under KRS 164A.585(1) and 164A.605, Northern <br>Kentucky University, Kentucky State University, University of Kentucky when it <br>declines to exercise the authority granted under KRS 164A.585(1) and 164A.605, <br>Morehead State University, Eastern Kentucky University, and the Kentucky <br>Community and Technical College System; (4) &quot;Bonds&quot; means the revenue bonds, notes, or other debt obligations issued by a bond issuing agency; (5) &quot;Executive director&quot; means the executive director of the Office of Financial Management; (6) &quot;Office&quot; means the Office of Financial Management established by KRS 42.0201; <br>(7) &quot;Underwriter&quot; means: (a) The financial institution which structures and underwrites the bond issuing agency's issuance of bonds; or (b) The financial advisor or fiscal agent which provides advice or services to the bond issuing agency with respect to the structure, timing, terms, or other <br>matters concerning bond issuance; (8) &quot;Underwriter's counsel&quot; means an attorney who provides legal counsel to an underwriter with respect to its work on behalf of a bond issuing agency. Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 29, sec. 1, effective June 20, 2005; and ch. 85, sec. 75, effective June 20, 2005. -- Amended 2000 Ky. Acts ch. 46, sec. 12, effective <br>July 14, 2000. -- Amended 1997 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 34, effective <br>May 30, 1997; and ch. 4, sec. 12, effective May 30, 1997. -- Created 1994 Ky. Acts <br>ch. 409, sec. 1, effective July 15, 1994. Legislative Research Commission Note (6/20/2005). This section was amended by 2005 Ky. Acts chs. 29 and 85, which do not appear to be in conflict and have been <br>codified together.

State Codes and Statutes

Statutes > Kentucky > 045A00 > 840

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45A.840 Definitions for KRS 45A.840 to 45A.879. As used in KRS 45A.840 to 45A.879, unless the context requires otherwise: <br>(1) &quot;Bond counsel&quot; means an attorney who provides legal counsel to a bond issuing agency with regard to bond issuance and provides an unqualified legal opinion to <br>the agency with respect to validity and tax treatment; (2) &quot;Bond issuance&quot; means the formulation, authorization, and issuance of bonds by a bond issuing agency; (3) &quot;Bond issuing agency&quot; means the State Property and Buildings Commission, Kentucky Asset/Liability Commission, Turnpike Authority of Kentucky, Kentucky <br>Housing Corporation, Kentucky Infrastructure Authority, Kentucky Higher <br>Education Student Loan Corporation, Kentucky River Authority, Kentucky <br>Agricultural Finance Corporation, Kentucky Local Correctional Facilities <br>Construction Authority, School Facilities Construction Commission, Murray State <br>University, Western Kentucky University, University of Louisville when it declines <br>to exercise the authority granted under KRS 164A.585(1) and 164A.605, Northern <br>Kentucky University, Kentucky State University, University of Kentucky when it <br>declines to exercise the authority granted under KRS 164A.585(1) and 164A.605, <br>Morehead State University, Eastern Kentucky University, and the Kentucky <br>Community and Technical College System; (4) &quot;Bonds&quot; means the revenue bonds, notes, or other debt obligations issued by a bond issuing agency; (5) &quot;Executive director&quot; means the executive director of the Office of Financial Management; (6) &quot;Office&quot; means the Office of Financial Management established by KRS 42.0201; <br>(7) &quot;Underwriter&quot; means: (a) The financial institution which structures and underwrites the bond issuing agency's issuance of bonds; or (b) The financial advisor or fiscal agent which provides advice or services to the bond issuing agency with respect to the structure, timing, terms, or other <br>matters concerning bond issuance; (8) &quot;Underwriter's counsel&quot; means an attorney who provides legal counsel to an underwriter with respect to its work on behalf of a bond issuing agency. Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 29, sec. 1, effective June 20, 2005; and ch. 85, sec. 75, effective June 20, 2005. -- Amended 2000 Ky. Acts ch. 46, sec. 12, effective <br>July 14, 2000. -- Amended 1997 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 34, effective <br>May 30, 1997; and ch. 4, sec. 12, effective May 30, 1997. -- Created 1994 Ky. Acts <br>ch. 409, sec. 1, effective July 15, 1994. Legislative Research Commission Note (6/20/2005). This section was amended by 2005 Ky. Acts chs. 29 and 85, which do not appear to be in conflict and have been <br>codified together.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 045A00 > 840

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45A.840 Definitions for KRS 45A.840 to 45A.879. As used in KRS 45A.840 to 45A.879, unless the context requires otherwise: <br>(1) &quot;Bond counsel&quot; means an attorney who provides legal counsel to a bond issuing agency with regard to bond issuance and provides an unqualified legal opinion to <br>the agency with respect to validity and tax treatment; (2) &quot;Bond issuance&quot; means the formulation, authorization, and issuance of bonds by a bond issuing agency; (3) &quot;Bond issuing agency&quot; means the State Property and Buildings Commission, Kentucky Asset/Liability Commission, Turnpike Authority of Kentucky, Kentucky <br>Housing Corporation, Kentucky Infrastructure Authority, Kentucky Higher <br>Education Student Loan Corporation, Kentucky River Authority, Kentucky <br>Agricultural Finance Corporation, Kentucky Local Correctional Facilities <br>Construction Authority, School Facilities Construction Commission, Murray State <br>University, Western Kentucky University, University of Louisville when it declines <br>to exercise the authority granted under KRS 164A.585(1) and 164A.605, Northern <br>Kentucky University, Kentucky State University, University of Kentucky when it <br>declines to exercise the authority granted under KRS 164A.585(1) and 164A.605, <br>Morehead State University, Eastern Kentucky University, and the Kentucky <br>Community and Technical College System; (4) &quot;Bonds&quot; means the revenue bonds, notes, or other debt obligations issued by a bond issuing agency; (5) &quot;Executive director&quot; means the executive director of the Office of Financial Management; (6) &quot;Office&quot; means the Office of Financial Management established by KRS 42.0201; <br>(7) &quot;Underwriter&quot; means: (a) The financial institution which structures and underwrites the bond issuing agency's issuance of bonds; or (b) The financial advisor or fiscal agent which provides advice or services to the bond issuing agency with respect to the structure, timing, terms, or other <br>matters concerning bond issuance; (8) &quot;Underwriter's counsel&quot; means an attorney who provides legal counsel to an underwriter with respect to its work on behalf of a bond issuing agency. Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 29, sec. 1, effective June 20, 2005; and ch. 85, sec. 75, effective June 20, 2005. -- Amended 2000 Ky. Acts ch. 46, sec. 12, effective <br>July 14, 2000. -- Amended 1997 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 34, effective <br>May 30, 1997; and ch. 4, sec. 12, effective May 30, 1997. -- Created 1994 Ky. Acts <br>ch. 409, sec. 1, effective July 15, 1994. Legislative Research Commission Note (6/20/2005). This section was amended by 2005 Ky. Acts chs. 29 and 85, which do not appear to be in conflict and have been <br>codified together.