Kentucky Revised Statutes
Ky. Rev. Stat. § 96.290 (2026)
Debts to be paid by waterworks
✓ current as of May 2026
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All the existing obligations of the waterworks corporation and all the obligations created by the board of waterworks in the management and operation of the properties and in the performance of its duties, shall be discharged out of the property and rents, earnings, and incomes of the waterworks. The consolidated local government shall not be liable as a municipal corporation for such obligations. Effective: July 15, 2002 History: Amended 2002 Ky. Acts ch. 346, sec. 113, effective July 15, 2002. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3024a-8.
Notes of Decisions
Cited in 1
case, 2003–2003 · leading case: Phelps v. Louisville Water Co., 103 S.W.3d 46 (Ky. 2003).
Phelps v. Louisville Water Co., 103 S.W.3d 46 (Ky. 2003). “KRS 96.290 states: All the existing obligations of the waterworks corporation and all the obligations created by the board of waterworks in the management and operation of the properties and in the performance of its duties, shall be discharged out of the property and rents,…”
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