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56.530 Abandonment of incompleted building projects -- Settlement with architects, engineers, and contractors.

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56.530 Abandonment of incompleted building projects -- Settlement with architects, engineers, and contractors. The commission may abandon, or cause to be abandoned, the construction of any <br>building finally approved by it and may change the purposes for which such building is <br>being constructed or for which contracts have been entered into or were commenced by <br>the state or any state agency. Likewise the cabinet may abandon, or cause to be <br>abandoned, the construction of any building finally approved by it and may change the <br>purposes for which such building is being constructed or for which contracts have been <br>entered into or were commenced by the state or any state agency. In either event the <br>cabinet is authorized to make such equitable adjustment or settlement with the architects, <br>engineers and contractors employed in connection with such construction as it may deem <br>just and equitable. If there is an adjustment or settlement with said architects, engineers or <br>contractors, the cabinet is authorized to pay the same, or to approve the payment thereof, <br>from any of the funds set forth in KRS 56.510. Effective: July 1, 1956 <br>History: Amended 1956 (1st Extra Sess.) Ky. Acts ch. 7, Art. XVI, sec. 11, effective July 1, 1956. -- Created 1949 (1st Extra. Sess.) Ky. Acts ch. 11, sec. 10.