{"data":{"id":"us-ky/krs-154.50-336","jurisdiction":"us-ky","citation":"KRS 154.50-336","heading":"Authority officers, employees -- Expenses of members.","body":"(1) Members of the authority shall serve without compensation but shall be reimbursed\nfor any actual and necessary expenses incurred by them in the conduct of the affairs\nof the authority. The authority shall, upon the appointment of its members, organize\nand elect officers. The authority shall choose a chairman and vice chairman who\nshall serve for terms of one (1) year. The authority may fix a salary for the\nsecretary-treasurer, and the secretary -treasurer shall execute an official bond to be\nset and approved by the authority, and the cost thereof shall be paid by the authority.\n(2) The authority may employ necessary counsel, agents and employees to carry out its\nwork and functions and prescribe such rules and regulations as it deems necessary.\n(3) The secretary-treasurer shall keep the minutes of all meetings of the authority and\nshall also keep a set of books showing the receipts and expenditures of the\nauthority. He shall preserve on file duplicate vouchers for all expenditures and shall\npresent to the autho rity, upon request, complete reports of all financial transactions\nand the financial condition of the authority. Such books and vouchers shall at all\ntimes be subject to examination by the legislative body or bodies by whom the\nauthority was created. He sh all transmit at least once annually a detailed report of\nall acts and doings of the authority to the legislative body or bodies by whom the\nauthority was created.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=2968","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:57Z","sha256":"3cdb789f654b768c3f6a40414e955b2cacf4014a443978995e219b4ce0c67174","source_id":"us-ky","stale":false,"prev":"us-ky/krs-154.50-333","next":"us-ky/krs-154.50-340"},"notice":"GroundRules: Original legal text. Not legal advice."}