Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2025 | Updated by Findlaw Staff
(1) The board of trustees may, in its corporate name:
(a) Contract and be contracted with, sue and be sued, and have and use a corporate seal, which it may alter at pleasure;
(b) Acquire, by itself or jointly with the city in which the library is located, by gift, purchase or otherwise, and hold, in the same manner, real and personal property to the use of the public library, for the purpose for which it is dedicated;
(c) Use, manage and improve, sell and convey, rent or lease property, and erect suitable buildings.
(2) The board of trustees may mortgage any real or personal property owned by the library to secure any sums borrowed for making repairs or improvements, or paying off any indebtedness it may owe. The mortgage shall not exceed $1,000,000.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XIV. Libraries and Archives § 173.050.Powers of board of trustees - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xiv-libraries-and-archives/ky-rev-st-sect-173-050/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)