95A.540 Share of aid for new department created from territory in existing department prior to July 14, 2022. For volunteer fire departments merging prior to July 14, 2022, if a new volunteer fire department is created from territory in an existing f ire department merged under the provisions of KRS 95A.500 to 95A.560, the newly created volunteer fire district shall be able to receive one (1) share at the next regular disbursal date, if qualified. The parent fire department shall have aid allotted unde r KRS 95A.262(2) reduced by one (1) qualified share for calculations of aid, for the first, second, third, fourth, fifth, and sixth years after merger. Effective: July 14, 2022 History: Amended 2022 Ky. Acts ch. 57, sec. 2, effective July 14, 2022. -- Crea ted 2002 Ky. Acts ch. 309, sec. 5, effective July 15, 2002.
Kentucky Legal Code