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KRS 216.360

Winding up of affairs on dissolution -- Disposition of funds

Known as the Kentucky Charitable Health Care Services Act

The act spans §§ 216–216 (237 sections).

Effective: June 13, 1968 History: Created 1968 Ky

After a district has been dissolved, the board shall proceed to terminate the affairs of the district. After payment of all obligations, all moneys remaining in the hospital district fund shall be prorated on the basis of the assessed valuation of the taxable property within the district and so credited to the general fund of the counties composing the district.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.