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Kentucky Revised Statutes · § 216.180 — Use of depreciation account

216.180. Use of depreciation account

The funds accumulating to the depreciation account shall be expended in balancing depreciation on the municipal hospital, or in making new constructions or additions thereto. Any such accumulations may be invested as the legislative body may designate. The income from such investments shall be carried into the depreciation account.

Source notes

Effective: October 1, 1942

History and annotations

Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3235i-11.

Official source for this version

Source captured 2026-09-25. Open the official source.

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