If a surplus is accumulated in the operating and maintenance fund equal to the cost of maintaining and operating the municipal hospital during the remainder of the calendar, operating or fiscal year, as may be provided by the ordinance required by KRS 216.160, the city legislative body may at any time transfer the excess to the depreciation account to be used for any improvements or additions to the hospital.
KRS 216.170
Use of surplus in operating fund
Known as the Kentucky Charitable Health Care Services Act
The act spans §§ 216–216 (237 sections).
Effective: October 1, 1942 History: Recodified 1942 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.