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KRS 67.545

Amortization -- County ownership

History: Created 1962 Ky

When the county has paid rent sufficient to amortize the cost of erecting, acquiring, remodeling or improvement of the building and appurtenances and to maintain the building and pay the cost of insurance, the county buildings commission shall thereupon convey the premises to the county and shall transfer any balance remaining in the funds provided for in KRS 67.520, 67.525 and 67.530 to the account of the county.

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