{"data":{"id":"us-ky/krs-201.200","jurisdiction":"us-ky","citation":"KRS 201.200","heading":"Limitation on expenditures -- Board may borrow money.","body":"(1) The board shall not in any one (1) year, expend for the maintenance of the home\nand the carrying out of the purposes of this chapter, more than the total sum derived\nthrough the appropriations for the year as provided in KRS 201.170, as\nsupplemented by funds given to the board for such purposes and the funds derived\nfrom the sale or income of property given to the board for such purposes and by the\nincome of the home for the year.\n(2) The board may borrow money on its own credit in anticipation of the reve nue to be\nderived from appropriations or other income for the fiscal year in which the money\nis borrowed. For such purpose, the board may pledge the appropriations authorized\nunder KRS 201.160 and 201.170. No money borrowed through the pledge of\nappropriations authorized under KRS 201.160 shall be expended for any purposes\nother than those named in that section; and no money borrowed through the pledge\nof appropriations authorized under KRS 201.170 shall be expended for any\npurposes other than those named in that section.","path":["KRS Chapter 201"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=7360","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:57Z","sha256":"4b8c59e9fa8626ac703445fab72a2799a7c62187f96aaf3e430c642a3dbdc785","source_id":"us-ky","stale":false,"prev":"us-ky/krs-201.190","next":"us-ky/krs-201.210"},"notice":"GroundRules: Original legal text. Not legal advice."}