Ky. Rev. Stat. § 212.560

Current through 2024 Ky. Acts ch.225
Section 212.560 - Current borrowing

The board shall have the power to borrow money on its own credit in anticipation of the revenue to be derived from appropriations provided for herein or of funds to be derived from other sources during the fiscal year in which the same is borrowed; and for such purpose the board may pledge said appropriations and funds, the collection and payment of which is anticipated during such year.

KRS 212.560

Effective:6/17/1954
Amended 1954 Ky. Acts ch. 168, sec. 5, effective6/17/1954. -- Created 1942 Ky. Acts ch. 41, sec. 16.