No city of the home rule class which owns a waterworks system shall sell, convey, rent, or lease the system without the assent of a majority of the legislative body for the city or of those voting at an election held for that purpose after notice of the election has been published pursuant to KRS Chapter 424. This section shall not apply to the issuance of revenue bonds provided for under the provisions of this chapter.
Effective: January 1, 2015
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Terms Used In Kentucky Statutes 106.200

  • City: includes town. See Kentucky Statutes 446.010
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC

History: Amended 2014 Ky. Acts ch. 92, sec. 204, effective January 1, 2015. — Amended 2000 Ky. Acts ch. 529, sec. 10, effective July 14, 2000. — Amended 1984
Ky. Acts ch. 6, sec. 1, effective July 13, 1984. — Amended 1966 Ky. Acts ch. 239, sec. 118. — Created 1954 Ky. Acts ch. 18, sec. 20.

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