The funds accumulating to the depreciation account shall be expended in balancing depreciation or in making new constructions or additions to the project. Any such accumulations may be invested as the commission designates, and the income from the investments shall be carried into the depreciation account.
KRS 97.210
Depreciation account -- Disposition of
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.