96.173 Salaries of board members and secretary-treasurer -- All salaries and expenses payable from revenues of plant. - Kentucky Statutes

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96.173 Salaries of board members and secretary-treasurer -- All salaries and expenses payable from revenues of plant. (1) The salary of each member of the board shall be fixed by the board, and shall not exceed two thousand four hundred dollars ($2,400) per annum. (2) Such salaries, as well as the salary of the secretary-treasurer of such board, shall constitute a cost of operation and maintenance of the plant. (3) The municipality shall not be liable for the payment of any salary or compensation of any of the members of said board, or for the payment of the salary or
compensation or expenses of any person employed by said board, and all such
salaries, compensation and expenses and any and all liabilities, of whatever kind or
character incurred by the board or any officer or employee thereof, shall be payable
solely and only out of the revenues obtained by said board under the provisions of
KRS 96.171 to 96.188, and said liabilities shall be so limited. Effective: July 15, 1986
History: Amended 1986 Ky. Acts ch. 325, sec. 1, effective July 15, 1986. -- Amended 1978 Ky. Acts ch. 328, sec. 2, effective June 17, 1978. -- Created 1946 Ky. Acts
ch. 212, sec. 3.