Ky. Rev. Stat. § 216.180

Current through 2024 Ky. Acts ch.225
Section 216.180 - Use of depreciation account

The funds accumulating to the depreciation account shall be expended in balancing depreciation on the municipal hospital, or in making new constructions or additions thereto. Any such accumulations may be invested as the legislative body may designate. The income from such investments shall be carried into the depreciation account.

KRS 216.180

Effective:10/1/1942
Recodified 1942 Ky. Acts ch. 208, sec. 1, effective10/1/1942, from Ky. Stat. sec. 3235i-11.