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