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162.370 Maintenance fund surplus.

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162.370 Maintenance fund surplus. If a surplus is accumulated in the maintenance fund equal to the cost of maintaining the <br>building or buildings during the remaining portion of the calendar or fiscal year, as may <br>be provided by the resolution adopted under KRS 162.360 and the cost of maintaining <br>and operating the building or buildings the succeeding like calendar or fiscal year, the <br>excess over such amount may be transferred at any time by the governing body to the <br>sinking fund or may be used for any improvements, extensions, or additions to the <br>building or buildings. Effective: July 13, 1990 <br>History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 578, effective July 13, 1990. -- Amended 1958 Ky. Acts ch. 147, sec. 3. -- Recodified 1942 Ky. Acts <br>ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4535m-9.