Ky. Rev. Stat. § 67.530

Current through 2024 Ky. Acts ch.225
Section 67.530 - Surplus in maintenance fund, disposition

If a surplus is accumulated in the maintenance fund equal to the cost of maintaining the building during the remainder of the calendar or fiscal year, as may be provided by the resolution required by KRS 67.520, and the cost of maintaining and operating the building for the succeeding like calendar or fiscal year, the excess over such amount shall be transferred to the sinking fund.

KRS 67.530

Created 1962 Ky. Acts ch. 224, sec. 17.