96.750 Compensation of board members and others.
162 words·~1 min read·
/ky/chapter-96/96-750A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)The salary of each member of a board of public utilities may be fixed by the board
at not exceeding two thousand four hundred dollars ($2,400) per annum.
(2)Such salaries, as well as the salary of the secretary-treasurer, shall constitute a cost
of operation and maintenance of the electric plant.
(3)The governing body of the municipality may, by resolution or ordinance, provide
that 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 that 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 revenues obtained by said board under the provisions of KRS
96.560 to 96.900, and said liabilities shall then be so limited.