{"data":{"id":"us-ky/krs-319c.040","jurisdiction":"us-ky","citation":"KRS 319C.040","heading":"Meetings of board -- Quorum -- Employees -- Executive secretary to give","body":"bond and manage moneys.\n(1) The board shall meet at least twice annually and may meet at such other times as\nnecessary to complete the business required. A majority of the member s of the\nboard shall constitute a quorum for the transaction of business.\n(2) The board may employ an executive secretary and such clerical or other assistants\nas are necessary for the performance of its work and may make expenditures of its\nfunds for any purpose which in the opinion of the board is necessary for proper\nperformance of its duties, including compensation of the executive secretary and the\npremium on his or her bond.\n(3) The executive secretary or any other person so designated by the board sh all give\nbond to the state in such sum as determined by the board, to be approved by the\nState Treasurer for the faithful performance of his or her duties. The executive\nsecretary shall receive and account for all moneys derived under this chapter and\nshall pay such moneys to the State Treasurer who shall maintain them in the manner\nprovided for other such agencies and boards of the Commonwealth.","path":["KRS Chapter 319C"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=31295","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:58:15Z","sha256":"04867fd407bada2c12714f4761c9df3021f4ad8609c4db81056ff5cca5122a67","source_id":"us-ky","stale":false,"prev":"us-ky/krs-319c.030","next":"us-ky/krs-319c.050"},"notice":"GroundRules: Original legal text. Not legal advice."}