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KRS 96.790

Separate account for funds of electric plant

History: Created 1942 Ky

All moneys derived from the issuance of bonds under KRS 96.550 to 96.900, together with any governmental grant made in connection therewith, and all receipts from electric service or any other operation of the board, shall be deposited in a separate bank account or accounts, separate from all other municipal funds, and adequate records shall be kept of all such receipts and their sources.

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