96.110 Cities may subscribe for stock in water companies. Any city may, with funds provided from the general levy or from the sale of bonds, purchase stock in any corporation owning or operating or organized for the purpose of owning or operating a waterworks within the corporate limits of the city. Effective: January 1, 2015 History: Amended 2014 Ky. Acts ch. 92, sec. 153, effective January 1, 2015. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2741o -1.
Kentucky Legal Code