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KENTUCKY STATUTES AND CODES
58.090 Expenditure and investment of depreciation fund.
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58.090 Expenditure and investment of depreciation fund. The funds accumulating to the depreciation account shall be expended in balancing
depreciation in the public project or in making new constructions, extensions or additions
thereto. Any such accumulations may be invested as the governmental agency may
designate, and if invested the income from such investment shall be carried into the
depreciation account. History: Created 1946 Ky. Acts ch. 126, sec. 9.
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58.090 Expenditure and investment of depreciation fund. The funds accumulating to the depreciation account shall be expended in balancing
depreciation in the public project or in making new constructions, extensions or additions
thereto. Any such accumulations may be invested as the governmental agency may
designate, and if invested the income from such investment shall be carried into the
depreciation account. History: Created 1946 Ky. Acts ch. 126, sec. 9.
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