{"data":{"id":"us-ky/krs-68.127","jurisdiction":"us-ky","citation":"KRS 68.127","heading":"Emergency floodwall operation fund, fiscal court of county containing city","body":"of the first class may establish -- Additions to fund -- Investment of funds --\nGifts.\n(1) The fiscal court of any county containing a city of the first class is hereby\nauthorized and empowered to establish a fund to be designated and known as an\nemergency floodwall operation fund and to set aside in said fund and acquire\ntherein from year to year funds for the purpose of operating floodwalls when such\noperation shall become nece ssary because of flood or other emergency. The fund\nherein provided shall be a permanent fund and the sums accumulated shall not be\nused for any other purpose.\n(2) The fiscal court of such county may add to the fund from year to year such moneys\nout of its general revenue as it deems advisable or necessary.\n(3) All moneys in said fund shall be kept as other county funds, but shall be invested\nunder the supervision of said fiscal court only in obligations of the United States\ngovernment.\n(4) Such fiscal c ourt shall have the power, upon the approval of the majority of the\nmembers thereof, to receive any funds by gift or devise to be placed in or become a\npart of such emergency floodwall operation fund upon such terms and conditions as\nthe fiscal court shall deem proper.","path":["KRS Chapter 68"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=24066","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:30Z","sha256":"e27014b930ad5afd39a96212b0da1082c10b1423f09131d556f35f7ab7e01634","source_id":"us-ky","stale":false,"prev":"us-ky/krs-68.125","next":"us-ky/krs-68.130"},"notice":"GroundRules: Original legal text. Not legal advice."}