Kentucky Statutes 95.940 – Bond required for employees
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The board shall require the qualified investment manager, custodian, or any person who has charge of, handles or has access to any of the moneys or other assets of the fund to be bonded in an amount of not less than the amount of fund assets normally in his possession or control.
Effective: July 15, 1980
History: Created 1980 Ky. Acts ch. 307, sec. 11, effective July 15, 1980.
Effective: July 15, 1980
Terms Used In Kentucky Statutes 95.940
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
History: Created 1980 Ky. Acts ch. 307, sec. 11, effective July 15, 1980.