Ky. Rev. Stat. § 160.580
Current through Acts Received April 24, 2024
All sums arising from any gift, grant, or devise by any person wherein the intent is expressed that the same is to be used to aid in the education of children in any school district in this state shall be held and used for the purposes specified in the gift, grant, or devise. The district board of education shall receive the gift, grant, or devise for the benefit of the schools of its district and shall hold and use it as requested by the donor or devisor, provided that the purpose for which it is used shall be in harmony with the aims and general program of public education in this state.
KRS 160.580
Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 454, effective7/13/1990. -- Amended 1974 Ky. Acts ch. 49, sec. 4. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 4399-57.