97.040 Gifts for recreation facilities. Any authority in which is vested the power to provide, conduct and maintain parks, playgrounds, and recreation centers under KRS 97.030 or 97.035, may accept any grant or devise of real estate or any bequest or gift of money or any donation, the principal or income of which is to be used for park, playground, or recreation purposes. Money received for such purposes shall, unless otherwise provided by the terms of the bequest, be deposited with the treasurer or department of finance of the city or with the c ounty treasurer or treasurer of the joint board to the account of the authority having charge of such parks, playgrounds, and recreation centers and may be withdrawn and paid out in the same manner as money appropriated for recreational purposes. Effective : June 19, 1958 History: Amended 1958 Ky. Acts ch. 124, sec. 5, effective June 19, 1958. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3909a - 5.
Kentucky Legal Code