184.080 Powers and duties of board of directors -- Officers -- Employees -- Compensation -- Regulations -- Approval of accounts and acts of directors -- Dissolution of district. - Kentucky Statutes

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184.080 Powers and duties of board of directors -- Officers -- Employees -- Compensation -- Regulations -- Approval of accounts and acts of directors --
Dissolution of district. The board of directors, which is hereby declared to be the governing body of the road
district, shall keep a record of its proceedings, shall adopt and have a seal, and shall
exercise all powers and manage and control all the affairs and property of the district.
Said board of directors shall elect one (1) of its members chairman, one (1) secretary and
one (1) treasurer. The board may employ an attorney and an engineer, who shall serve in
such capacities during the pleasure of the board and for such reasonable compensation as
may be fixed by the board and approved by order of the county judge/executive. Each
member of the board may receive a salary of not in excess of two hundred dollars ($200)
per annum for his services, which salary shall be fixed at the first meeting of said board,
and approved of by order of the county judge/executive, and thereafter may be decreased
as the duties of the members decrease. The board may adopt such rules and regulations as
are necessary for its proper functioning. The chairman, secretary and treasurer of the
district shall perform such duties as are usually performed by such officers. The county
judge/executive, by method similar to that for approving settlements of fiduciaries, shall
approve the accounts and acts of all directors upon death, resignation or at expiration of
their term of office, which county judge/executive approval shall relieve the surety upon
the bond of such director, the cost of which shall be a charge against the district. When
the affairs of the district have been completed, the directors and officers shall by verified
petition ask the county judge/executive for a dissolution of the district, which petition
shall include an accounting of all moneys received and disbursed by the district and shall
be referred to the county judge/executive and when approved by the county
judge/executive shall release said officers, directors and their sureties, the cost of which
shall be a charge against the district. Effective: June 17, 1978
History: Amended 1978 Ky. Acts ch. 384, sec. 327, effective June 17, 1978. -- Amended 1952 Ky. Acts ch. 11, sec. 3, effective June 19, 1952. -- Created 1942 Ky.
Acts ch. 65, sec. 8.