(1) The College of Agriculture of the University of Kentucky shall constitute the
Agricultural Experiment Station.

Terms Used In Kentucky Statutes 247.020

  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

(2) The experiment station shall operate and direct the substations at Quicksand and
Princeton which shall be divisions of the experiment station.
(3) The experiment station may purchase, lease or accept gift of farms for use in its experimentation program.
Effective: June 17, 1954
History: Amended 1954 Ky. Acts ch. 107, sec. 1, effective June 17, 1954. — Recodified
1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 1822-1,
4636f-3, 4636f-6.