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173.320 Regional libraries.

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173.320 Regional libraries. The establishment of a regional library shall be by contract, in writing, by the legislative <br>bodies of the counties. The expenses of the regional library shall be apportioned between <br>the contracting parties concerned in proportion to the taxable property of each as shown <br>by their respective assessments and as shall be agreed upon in the contract. The treasurer <br>of one of the counties, as provided in the contract, shall have the custody of the funds for <br>the regional library; and the treasurers of the other counties concerned shall transfer to <br>him as collected all the moneys received for public library purposes and interest from <br>library funds in their respective governmental units. The contract for a regional library <br>shall continue in force for a period of five (5) years and no county shall be permitted to <br>withdraw without the consent of all the other participating counties during the five (5) <br>year period. If the legislative body of a county decides to withdraw from a regional library <br>contract, it shall be entitled to a division of the property on the same basis as its <br>contributions, such division being completed within six (6) months from the withdrawal <br>date. If no unit withdraws, at the end of the five (5) year period, the contract shall <br>continue in force for a like period. History: Created 1944 Ky. Acts ch. 160, sec. 3.