Kentucky Statutes 171.387 – Commission membership — Powers — Personnel
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(1) The commission may employ a director, who shall serve as its secretary and at its pleasure, and other technical assistants as may be necessary to carry out its purposes.
(2) The commission may contract, lease, accept gifts and bequests of money and acquire real and personal property by gift, purchase, devise, or bequests, deemed necessary for the proper development and planning of Washington as a historic town, and may preserve, restore, and administer these properties.
History: Created 1974 Ky. Acts ch. 397, sec. 2.
(2) The commission may contract, lease, accept gifts and bequests of money and acquire real and personal property by gift, purchase, devise, or bequests, deemed necessary for the proper development and planning of Washington as a historic town, and may preserve, restore, and administer these properties.
Terms Used In Kentucky Statutes 171.387
- Contract: A legal written agreement that becomes binding when signed.
- Devise: To gift property by will.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
- Personal property: All property that is not real property.
History: Created 1974 Ky. Acts ch. 397, sec. 2.