Kentucky Statutes 151B.450 – Definitions for KRS 151B.450 to 151B.475
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As used in KRS § 151B.450 to KRS § 151B.475, unless the context requires otherwise:
(1) “Assistive technology” means any item, piece of equipment, or device that enables an individual with a disability to improve his or her independence and quality of life;
(2) “Board” means the board of directors of the Kentucky Assistive Technology
Loan Corporation;
(3) “Cabinet” means the Education and Labor Cabinet;
(4) “Corporation” means the Kentucky Assistive Technology Loan Corporation created under KRS § 151B.455;
(5) “Fund” means the Kentucky assistive technology loan fund created under KRS
151B.470;
(6) “Qualified borrower” means an individual with a disability that affects a major life activity such as mobility, sensory and cognitive communications, or self-care, a parent or legal guardian of an individual with a disability, or a nonprofit organization that provides assistive technology to individuals with disabilities who meet the criteria for participating in the Kentucky assistive technology loan fund; and
(7) “Qualified lender” means a financial lending institution or other qualified organization contracted with by the corporation to provide loans for the purchase of assistive technology.
Effective:July 1, 2022
History: Amended 2022 Ky. Acts ch. 236, sec. 39, effective July 1, 2022. — Amended 2009 Ky. Acts ch. 11, sec. 27, effective June 25, 2009. — Amended
2006 Ky. Acts ch. 211, sec. 56, effective July 12, 2006. — Created 1996 Ky. Acts ch. 222, sec. 1, effective July 15, 1996.
(1) “Assistive technology” means any item, piece of equipment, or device that enables an individual with a disability to improve his or her independence and quality of life;
Terms Used In Kentucky Statutes 151B.450
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
- Directors: when applied to corporations, includes managers or trustees. See Kentucky Statutes 446.010
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
(2) “Board” means the board of directors of the Kentucky Assistive Technology
Loan Corporation;
(3) “Cabinet” means the Education and Labor Cabinet;
(4) “Corporation” means the Kentucky Assistive Technology Loan Corporation created under KRS § 151B.455;
(5) “Fund” means the Kentucky assistive technology loan fund created under KRS
151B.470;
(6) “Qualified borrower” means an individual with a disability that affects a major life activity such as mobility, sensory and cognitive communications, or self-care, a parent or legal guardian of an individual with a disability, or a nonprofit organization that provides assistive technology to individuals with disabilities who meet the criteria for participating in the Kentucky assistive technology loan fund; and
(7) “Qualified lender” means a financial lending institution or other qualified organization contracted with by the corporation to provide loans for the purchase of assistive technology.
Effective:July 1, 2022
History: Amended 2022 Ky. Acts ch. 236, sec. 39, effective July 1, 2022. — Amended 2009 Ky. Acts ch. 11, sec. 27, effective June 25, 2009. — Amended
2006 Ky. Acts ch. 211, sec. 56, effective July 12, 2006. — Created 1996 Ky. Acts ch. 222, sec. 1, effective July 15, 1996.