Kentucky Statutes 96.260 – Powers of board
Current as of: 2024 | Check for updates
|
Other versions
The board of waterworks shall be vested with all the authority and privileges, exercise all the franchises, and have possession, control, and management of all the property, of the corporation of which the consolidated local government or city owns all the stock. It may make contracts and sue and be sued, but only in the name of the corporation.
Effective: July 15, 2002
History: Amended 2002 Ky. Acts ch. 346, sec. 110, effective July 15, 2002. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3024a-5.
Effective: July 15, 2002
Terms Used In Kentucky Statutes 96.260
- City: includes town. See Kentucky Statutes 446.010
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Corporation: may extend and be applied to any corporation, company, partnership, joint stock company, or association. See Kentucky Statutes 446.010
History: Amended 2002 Ky. Acts ch. 346, sec. 110, effective July 15, 2002. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3024a-5.