Ky. Rev. Stat. § 96.200
Current through Acts Received April 24, 2024
Except as otherwise provided in KRS 96.550 to 96.900, the legislative body of any city may, by ordinance, provide in what manner and for what purpose any profits, earnings or surplus funds arising from the operation of any public utility owned or operated by the city may be used and expended. The ordinance may be amended or repealed from time to time. Until such an ordinance is enacted any surplus earnings shall be paid into the city treasury, to be expended for the general purposes of government in the city.
KRS 96.200
Amended 1960 Ky. Acts ch. 231, sec. 1, effective6/16/1960. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 3490-35.