95A.540 Share of aid for new department created from territory in existing department.

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Page 1 of 1 95A.540 Share of aid for new department created from territory in existing department. If a new volunteer fire department is created from territory in an existing fire department <br>merged under the provisions of KRS 95A.500 to 95A.560, the newly created volunteer <br>fire district shall be able to receive one (1) share at the next regular disbursal date, if <br>qualified. The parent fire department shall have aid allotted under KRS 95A.262(2) <br>reduced by one (1) qualified share for calculations of aid, for the first, second, third, <br>fourth, fifth, and sixth years after merger. Effective: July 15, 2002 <br>History: Created 2002 Ky. Acts ch. 309, sec. 5, effective July 15, 2002.