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Code · Kentucky · Chapter 96 — Utilities in cities

96.790 Separate account for funds of electric plant.

64 words·~1 min read·/ky/chapter-96/96-790

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All moneys derived from the issuance of bonds under KRS 96.550 to 96.900, together with any governmental grant made in connection therewith, and all receipts from electric service or any other operation of the board, shall be deposited in a separate bank account or accounts, separate from all other municipal funds, and adequate records shall be kept of all such receipts and their sources.
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