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KENTUCKY STATUTES AND CODES
212.560 Current borrowing.
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212.560 Current borrowing. The board shall have the power to borrow money on its own credit in anticipation of the
revenue to be derived from appropriations provided for herein or of funds to be derived
from other sources during the fiscal year in which the same is borrowed; and for such
purpose the board may pledge said appropriations and funds, the collection and payment
of which is anticipated during such year. Effective: June 17, 1954
History: Amended 1954 Ky. Acts ch. 168, sec. 5, effective June 17, 1954. -- Created 1942 Ky. Acts ch. 41, sec. 16.
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212.560 Current borrowing. The board shall have the power to borrow money on its own credit in anticipation of the
revenue to be derived from appropriations provided for herein or of funds to be derived
from other sources during the fiscal year in which the same is borrowed; and for such
purpose the board may pledge said appropriations and funds, the collection and payment
of which is anticipated during such year. Effective: June 17, 1954
History: Amended 1954 Ky. Acts ch. 168, sec. 5, effective June 17, 1954. -- Created 1942 Ky. Acts ch. 41, sec. 16.
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