95A.550 Payments owed to certain merged districts -- Proration if insufficient funds. The Kentucky Fire Commission shall calculate and disburse to each district merged after January 1, 2000, but before July 15, 2002, any payments owed the district ac cording to the schedule set out in this section. In order to receive the payment, the trustees of the volunteer fire district shall notify the commission in writing within sixty (60) days of July 15, 2002, that there has been a merger in their jurisdiction within that time. If sufficient funds do not exist to make all the payments at one (1) time owed under the provisions of this subsection, then the available amount shall be prorated evenly and proportionately and disbursed among those merged districts eac h disbursal cycle until the total amount has been paid to each of those districts. The commission shall not reduce any other payments under KRS 95A.262 to make the payments under this subsection. Effective: July 15, 2020 History: Amended 2020 Ky. Acts ch. 67, sec. 15, effective July 15, 2020. -- Created 2002 Ky. Acts ch. 309, sec. 6, effective July 15, 2002.
Kentucky Legal Code