Statutes, codes, and regulations
Kentucky Revised Statutes
Title 13 - EDUCATIONChapter 160 - SCHOOL DISTRICTS
GENERAL PROVISIONS ON SCHOOL TAXES
Section 160.640 - Custodian of tax funds to give bond - Department of Revenue excepted - Expense, how paid

Ky. Rev. Stat. § 160.640

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Current through 2024 Ky. Acts ch.225
Section 160.640 - Custodian of tax funds to give bond - Department of Revenue excepted - Expense, how paid

Any person having custody of the proceeds of any school tax authorized by KRS 160.605 to 160.611, 160.613 to 160.617, and 160.621 to 160.633, except the Department of Revenue, shall be required to secure a corporate surety bond in an amount to be set by the Kentucky Board of Education. The cost of the surety bond shall be considered a part of the cost of the administration of the school taxes authorized under KRS 160.605 to 160.611, 160.613 to 160.617, and 160.621 to 160.633.

KRS 160.640

Effective:7/1/2005
Amended 2005, Ky. Acts ch. 85, sec. 598, effective7/1/2005. -- Amended 2004, Ky. Acts ch. 79, sec. 14, effective7/1/2005. -- Amended 1996, Ky. Acts ch. 362, sec. 6, effective 7/15/1996. -- Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 471, effective 7/13/1990. -- Amended 1978 Ky. Acts ch. 155, sec. 82, effective 6/17/1978. -- Amended 1976 Ky. Acts ch. 127, sec. 18. --Amended 1972 Ky. Acts ch. 203, sec. 26. -- Created 1966 Ky. Acts ch. 24, Part III, sec. 19.