2009 Kentucky Revised Statutes
CHAPTER 262 SOIL AND WATER CONSERVATION
262.640 Monthly payment on loan or lease -- Revolving fund.

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262.640 Monthly payment on loan or lease -- Revolving fund. The amount paid by any district to the division for amortization of a loan or for payment <br>on a lease shall be made monthly. This amount shall be credited to a revolving fund and <br>the costs of any new equipment or infrastructure shall be charged to the same account. <br>Neither the appropriation herein made nor the revolving fund shall be used for any <br>purpose other than to make available to soil and water conservation districts the <br>equipment or infrastructure of the type referred to in KRS 262.610. Effective: June 26, 2007 <br>History: Amended 2007 Ky. Acts ch. 51, sec. 5, effective June 26, 2007. -- Amended 1966 Ky. Acts ch. 23, sec. 66. -- Created 1948 Ky. Acts ch. 79, sec. 1.

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