Common use of Minimum Interest Rates Clause in Contracts

Minimum Interest Rates. Except as provided by KRS 41.610, the commission shall not invest public funds in a repurchase agreement with a yield less than could be received on a directly purchased United States Treasury security of comparable maturity.

Minimum Interest Rates. Except as provided by KRS 41.610, the commission 11 shall not invest public funds in a repurchase agreement with a yield less than could be received 12 on a directly purchased United States Treasury security of comparable maturity.

Minimum Interest Rates. Except as provided by KRS 41.610, the commission shall not invest public funds in a repurchase agreement with a yield less than could be received re- ceived on a directly purchased United States Treasury security of comparable maturity.