{"data":{"id":"us-ky/krs-173.060","jurisdiction":"us-ky","citation":"KRS 173.060","heading":"Meetings of board -- Incurring of liabilities.","body":"The board shall meet at least once each month for the transaction of its business. A\nmajority of the board shall constitute a quorum, but no appropriation of money, except for\nordinary or current expenditures, shall be made without the affirmative vote of a majority\nof its members. Except for the purpose of erecting the library building, the board of\ntrustees shall not incur liabilities for any current year in excess of its annual income,\nincluding gifts and donations and unexpended balances from previous years.","path":["KRS Chapter 173"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=4907","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:23Z","sha256":"64f138ae9d0ed56b5c893d71f95f9c4d31ad3db01c57f1baeb531e8b61671f1e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-173.050","next":"us-ky/krs-173.065"},"notice":"GroundRules: Original legal text. Not legal advice."}