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99.180 Reports to supervising agency -- Reserves -- Accounts.

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99.180 Reports to supervising agency -- Reserves -- Accounts. A redevelopment corporation shall: <br>(1) Furnish to the supervising agency from time to time, as required by it, but with respect to regular reports not more often than once every six (6) months, such <br>financial information, statements, audited reports or other material as such <br>supervising agency shall require, each of which shall conform to such standards of <br>accounting and financial procedure as the supervising agency may by general <br>regulation prescribe. (2) Establish and maintain such depreciation and other reserves, surplus and other accounts as the supervising agency may reasonably require. Effective: June 2, 1942 <br>History: Created 1942 Ky. Acts ch. 36, sec. 10.