The treasurer of the county in which the district is established shall be treasurer of the district, and the treasurers of the counties other than that in which the proceeding is pending shall pay over to him any funds collected and paid over to them for the benefit of the district, and shall take his receipt therefor in duplicate, the original of which the treasurer paying the money shall keep for his own protection. The duplicate shall be filed in the office of the county clerk of the county of which the person receiving the money is treasurer. The treasurer of any district shall pay the money in his hands upon warrants signed by the president and attested by the secretary of the board, when presented for payment. In all cases where a county treasurer becomes treasurer of a district, he shall be liable upon his general bond as county treasurer to the extent of any funds of such district entrusted to him, but he shall give a supplementary bond in such additional sum as the board may require. As compensation for his services the treasurer shall receive an amount fixed by the board, but not to exceed one thousand dollars ($1,000) in any fiscal year.
Effective: October 1, 1942

Terms Used In Kentucky Statutes 267.440

  • Board: means the county board of drainage commissioners, or, in counties having seventy-five (75) or more separate drainage districts, or in counties availing themselves of the provisions of KRS §. See Kentucky Statutes 267.010
  • District: means drainage or levee district. See Kentucky Statutes 267.010
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.

History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 2380-48.

  Previous section
Next section  
 Chapter 267 Contents