Kentucky Administrative Regulations
Title 740 - UNIVERSITY OF LOUISVILLE
Chapter 1 - Board of Trustees
Section 740 KAR 1:040 - Disposal of property proceeds; title
Universal Citation: 740 KY Admin Regs Service 1:040
Current through Register Vol. 50, No. 9, March 1, 2024
RELATES TO: KRS 164.410
NECESSITY, FUNCTION, AND CONFORMITY: KRS 164A.560 permits the governing boards of public institutions of higher education to elect to perform financial management functions per KRS 164A.555 to 164A.630 by issuing administrative regulations to do so. This administrative regulation implements the provisions of KRS 164.410 at the University of Louisville.
Section 1. The University of Louisville Board of Trustees elects to dispose of surplus property in accordance with the provisions of KRS 164.410, Sections (1), (2), and (3).
STATUTORY AUTHORITY: KRS 164A.560
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