{"data":{"id":"us-ky/krs-66.513","jurisdiction":"us-ky","citation":"KRS 66.513","heading":"Members of board -- Appointment -- Terms -- Bond.","body":"(1) The board shall consist of five (5) residents of the county who are thirty -five (35)\nyears old or older and have gained excellent repute in the financial community. The\nboard's members (hereafter called trustees) shall have four (4) year terms except as\nstated in subsection (2). Trustees may serve successive terms. Trustees shall be\nappointed by the county judge/executive with the consent of one -half (1/2) of the\nmembers (including the county judge/executive) of the fiscal court.\n(2) One (1) of the initial  terms shall be for one (1) year. Two (2) of the initial terms\nshall be for two (2) years. The two (2) remaining initial terms shall be for four (4)\nyears. Thereafter, all terms shall be for four (4) years. Not more than three (3) of the\ninitial trustees shall be affiliated with the same political party.\n(3) The fiscal court may require bond of all trustees in such amounts as the court deems\nproper. The cost of bonds shall be an administrative expense within the meaning of\nKRS 66.537.","path":["KRS Chapter 66"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=23632","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:24Z","sha256":"43bc4123a49100132601525b4f0da1ef5bbfeb19d4dd3ef47527873dfffb7b57","source_id":"us-ky","stale":false,"prev":"us-ky/krs-66.510","next":"us-ky/krs-66.517"},"notice":"GroundRules: Original legal text. Not legal advice."}