181.580 Commission is a corporation -- Officers -- Compensation.
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<![CDATA[181.580 Commission is a corporation -- Officers -- Compensation. (1) The commission shall constitute a corporation under the name of (insert name of city) Bridge Commission with the usual corporate powers. (2) The commission shall elect a chairman and a vice chairman from its members, and a secretary-treasurer who need not be a member of the commission. (3) The members of the commission, other than the chief executive, shall receive compensation fixed by the city legislative body, either as a salary or as payment for <br>meetings attended, but the compensation of the chairman shall not exceed one <br>thousand dollars ($1000) per annum and the compensation of each other member <br>shall not exceed five hundred dollars ($500) per annum. The commission shall fix <br>the compensation of the secretary-treasurer in its discretion. (4) All compensation of members and employees shall be paid solely from funds provided under the provisions of KRS 181.560 to 181.840, and the commission <br>shall not exercise any powers given it to bind the commission beyond the extent to <br>which money is provided under KRS 181.560 to 181.840. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3235g-10. ]]>