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212.450 Indebtedness beyond annual income not to be incurred without popular vote.

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212.450 Indebtedness beyond annual income not to be incurred without popular vote. The board shall not incur nor permit the incurrence of any indebtedness, in any manner or <br>for any purpose, in an amount exceeding, in any fiscal year of the board, the income and <br>revenue provided for the year through the appropriations provided for in KRS 212.470 for <br>the purposes of KRS 212.350 to 212.620, and funds derived from other sources, without <br>the assent of the voters in the county, including the voters in the municipalities located in <br>the county, voting at an election called and held for that purpose. Effective: July 15, 1996 <br>History: Amended 1996 Ky. Acts ch. 280, sec. 27, effective July 15, 1996. -- Amended 1954 Ky. Acts ch. 168, sec. 2, effective June 17, 1954. -- Created 1942 Ky. Acts <br>ch. 41, sec. 8.