184.080 Powers and duties of board of directors -- Officers -- Employees -- Compensation -- Regulations -- Approval of accounts and acts of directors -- Dissolution of district.
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<![CDATA[184.080 Powers and duties of board of directors -- Officers -- Employees -- Compensation -- Regulations -- Approval of accounts and acts of directors -- <br>Dissolution of district. The board of directors, which is hereby declared to be the governing body of the road <br>district, shall keep a record of its proceedings, shall adopt and have a seal, and shall <br>exercise all powers and manage and control all the affairs and property of the district. <br>Said board of directors shall elect one (1) of its members chairman, one (1) secretary and <br>one (1) treasurer. The board may employ an attorney and an engineer, who shall serve in <br>such capacities during the pleasure of the board and for such reasonable compensation as <br>may be fixed by the board and approved by order of the county judge/executive. Each <br>member of the board may receive a salary of not in excess of two hundred dollars ($200) <br>per annum for his services, which salary shall be fixed at the first meeting of said board, <br>and approved of by order of the county judge/executive, and thereafter may be decreased <br>as the duties of the members decrease. The board may adopt such rules and regulations as <br>are necessary for its proper functioning. The chairman, secretary and treasurer of the <br>district shall perform such duties as are usually performed by such officers. The county <br>judge/executive, by method similar to that for approving settlements of fiduciaries, shall <br>approve the accounts and acts of all directors upon death, resignation or at expiration of <br>their term of office, which county judge/executive approval shall relieve the surety upon <br>the bond of such director, the cost of which shall be a charge against the district. When <br>the affairs of the district have been completed, the directors and officers shall by verified <br>petition ask the county judge/executive for a dissolution of the district, which petition <br>shall include an accounting of all moneys received and disbursed by the district and shall <br>be referred to the county judge/executive and when approved by the county <br>judge/executive shall release said officers, directors and their sureties, the cost of which <br>shall be a charge against the district. Effective: June 17, 1978 <br>History: Amended 1978 Ky. Acts ch. 384, sec. 327, effective June 17, 1978. -- Amended 1952 Ky. Acts ch. 11, sec. 3, effective June 19, 1952. -- Created 1942 Ky. <br>Acts ch. 65, sec. 8. ]]>