No state agency shall acquire any real property without first meeting the approval of the cabinet. The cabinet may approve, modify, or disapprove the proposed acquisition of real estate, and the finding of the cabinet shall be final, except in cases where the issuance and sale of bonds is proposed, in which cases the cabinet shall submit its findings to the commission for approval, modification or disapproval. If a proposed acquisition of real property is approved as provided in this section, either in whole or in part, the cabinet shall make the acquisition. Acquisition shall be made in accordance with KRS 45A.045.
KRS 56.470
Acquisition of real estate by state agency
Applied in 1 court decision — leading case Cravens & Cravens, Inc. v. Department of Finance (1958)
Most recently applied in Cravens & Cravens, Inc. v. Department of Finance (April 1958)
Effective: July 13, 1990 History: Amended 1990 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.