KRS 173.390: Title to money and property.

The title to money or property given to or for the use or benefit of a library shall be vested

in the board of trustees, to be used according to the terms of the gift. Should a library be

closed or services discontinued, it shall be the duty of the governm ental unit to hold all

library property and funds received by gift in trust to be used for library purposes, unless

the terms of the gift permit use for other purposes or unless such assets are transferred to

a public library district pursuant to KRS 173.395.