Unless specifically approved by the governing board of an institution under the provisions of KRS 164.367, no president, professor, teacher, member of the executive council, or other officer or employee shall be interested in any contract or purchase for the building or repairing of any structure or furnishing of any supplies for the use of a university or college.
KRS 164.390
Amended 2007, Ky. Acts ch. 113, sec. 3, effective6/26/2007. -- Amended 1978 Ky. Acts ch. 392, sec. 3, effective 6/17/1978. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 4527-48.