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KRS 268.640

Distribution of funds on dissolution of district

Effective: January 2, 1978 History: Amended 1976 (1st Extra

If upon the dissolution of any district organized under this chapter any money is in the hands of the treasurer, after all liabilities of the district are satisfied, it shall be prorated to the several pieces of property according to the assessed benefits in the organization of the district. The prorata share shall be paid to the then owner of the property.

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