Except as expressly authorized in this chapter, no person shall incur, or order or vote to incur, any obligation against the Commonwealth in excess of, or any expenditure not authorized by, an appropriation of the General Assembly and an allotment of funds provided by KRS Chapter 48. Any such obligation so incurred shall not be binding against the Commonwealth, and shall be void and incapable of ratification by any administrative authority of the Commonwealth.
Effective: July 1, 1983

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Terms Used In Kentucky Statutes 45.244

  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.

History: Created 1982 Ky. Acts ch. 450, sec. 39, effective July 1, 1983.