102.030 Corporate powers.
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be exempt from corporate debts. It may have a seal, which it may alter at pleasure. It shall
have power to take property by gift, purchase, devise or bequest, and to sell and convey it.
It shall have all necessary and proper power for the successful carrying out of its
purposes. It may use part or all of the sum annually received from any source to employ
special agents and to do anything expedient to advertise and promote the resources and
advantages of the city as a business and industrial center. History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2741n-3.