The Board of Trustees established under KRS 95.520 may draw the Pension Fund from the treasury and shall invest it, in whole or in part, in the name of the Board of Trustees or nominee name, as provided by KRS 286.3-225, as the Board of Trustees deems most advantageous for the objects of the Pension Fund, in interest-bearing bonds of any county, or any city in the state, or in any securities in which trustees are permitted to invest trust funds under the laws of the state, including a local government pension investment fund created pursuant to KRS 95.895. The securities shall be subject to the order of the Board of Trustees.
(KRS 95.600) (1989 Code, § 35.54) (Ord. 1161, passed - -1969)