Notwithstanding the provisions of any other law, all individuals, partnerships, associations or corporations organized, operating, or doing business under the laws of this state are hereby authorized, during the continuance of any emergency proclaimed by the President of the United States or of a state of war between the United States and a foreign nation or nations, and for such time thereafter as may be expedient or necessary, and upon designation by and qualification with the Secretary of the Treasury of the United States or under his authority, to act as issuing agents for the sale and issue of obligations of the United States.
History: Created 1942 Ky. Acts ch. 117, sec. 1.

Terms Used In Kentucky Statutes 39.300

  • Continuance: Putting off of a hearing ot trial until a later time.
  • Foreign: when applied to a corporation, partnership, limited partnership, business trust, statutory trust, or limited liability company, includes all those incorporated or formed by authority of any other state. See Kentucky Statutes 446.010
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010