16 chapters · 1,306 sections in this title.
KRS § 162.010 Title to school property
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The title to all property owned by a school district is vested in the Commonwealth for the benefit of the district board of education. In the acquisition of land for school purposes, whether by purchase or condemnation, or otherwise, the title obtained shall be in fee simple, exc…
KRS § 162.020 Transfer of property from one district to another -- Title not affected -- District may own school in another district
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District may own school in another district. (1) The title to school property in territory transferred from one (1) school district to another shall not be affected by the transfer. In case of the sale of such property the board of education to which the property belongs may allo…
KRS § 162.030 Condemnation of property for school purposes
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Each board of education may, when unable to make a contract satisfactory to the board with the owner for the purchase of real estate to be used for school purposes, initiate condemnation proceedings pursuant to the Eminent Domain Act of Kentucky (KRS 416.540 to 416.670), and the …
KRS § 162.040 Escheated property
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So much property in each school district as escheats to the state, and is not required by the provisions of KRS Chapter 393 to be disposed of in some other manner, shall vest in the state for the use and benefit of the public schools in the district. The board of education of the…
KRS § 162.050 Use of schoolhouse by public assembly
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The board of education of any school district may permit the use of the schoolhouse, while school is not in session, by any lawful public assembly of educational, religious, agricultural, political, civic, or social bodies under rules and regulations which the board deems proper.
KRS § 162.055 Use of school property by public for recreational, sporting, academic, literary, artistic, or community uses -- Limited civil immunity
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literary, artistic, or community uses -- Limited civil immunity. (1) As used in this section: (a) "Nonschool hours" refers to those times occurring during the school week which precede or follow regular classroom instruction and also includes weekends, holidays, and vacation brea…
KRS § 162.060 Plans for school buildings to be approved
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The chief state school officer shall be furnished a copy of all plans and specifications for new public school buildings contemplated by boards of education and for all additions to or alterations of old buildings. He shall examine or cause to be examined all such plans and speci…
KRS § 162.065 Administrative regulations for use by local school boards when constructing schools using construction managers -- Items considered equal to specifications may be furnished
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constructing schools using construction managers -- Items considered equal to specifications may be furnished. The State Board of Education shall promulgate administrative regulations for use by local school boards when constructing school buildings using construction managers. A…
KRS § 162.066 Restriction on award of contracts by construction manager
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When a construction manager is utilized in construction, maintenance, repairs, or renovation or expansion of school facilities the construction manager shall not award construction contracts to any company which the manager owns or in which the manager has a financial interest if…
KRS § 162.067 Application of KRS 162.065 and 162.066
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KRS 162.065 and 162.066 shall apply to all construction of new school facilities, maintenance, and repair of existing school facilities, renovation of existing school facilities, or expansion of existing school facilities.
KRS § 162.070 Contracts for buildings, improvements, and materials to be let on competitive bidding -- When advertisements not required
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competitive bidding -- When advertisements not required. The contracts for the erection of new school buildings, additions and repairs to old buildings, except additions or repairs not exceeding seven thousand five hundred dollars ($7,500), shall be made by the board of education…
KRS § 162.075 Compliance with code not necessary on purchases from federal government
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government. The provisions of KRS Chapter 45A and KRS 162.070 shall not apply to purchases made by the boards of education within the Commonwealth of Kentucky from the United States of America, or any agency thereof.
KRS § 162.080 Bond issues for school sites and buildings -- Authorization -- Election
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(1) Whenever a board of education deems it necessary for the proper accommodation of the schools of its district to enlarge sites for school buildings, to purchase new sites, which in the case of independent districts may be not more than two (2) miles without the boundary lines …
KRS § 162.085 Issuance of bonds sold directly to banks, private investors, and financial institutions -- Authorization
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institutions -- Authorization. For the purpose of defraying the cost of constructing or acquiring any school buildings and appurtenances for common school purposes, any school district may issue a bond sold directly to banks, private investors, and financial institutions.
KRS § 162.090 Issuance and sale of bonds -- Proceeds -- Tax to pay
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(1) If two-thirds (2/3) of those voting on the question vote in favor of the proposition, the bonds shall be issued. The bonds shall be designated "school improvement bonds." They shall be placed under the control of the board of education, and the board shall determine when, at …
KRS § 162.100 Limitation on amount of bond issue -- Effect of bonds issued under former laws
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laws. (1) The bond issue of any district shall not exceed the limits provided in the Constitution, such limitation to be estimated upon the assessment next before the last assessment previous to the incurring of the indebtedness. (2) All of the bonds voted by the various types of…
KRS § 162.120 Independent district in city may convey property to city to provide buildings
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buildings. To provide buildings for school purposes, boards of education of school districts embracing a city of any class may convey to the city a fee simple title with covenant of general warranty to a site now held or hereafter acquired by the boards of education.
KRS § 162.130 City to contract for erection of building
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Every city to which a site for a building has been conveyed, as provided in KRS 162.120, shall enter into a contract or contracts with some person for the erection on the site of a building with the necessary appurtenances, according to plans and specifications adopted by the cit…
KRS § 162.140 Lease of building by board of education
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Immediately upon the approval of the plans and specifications as provided in KRS 162.130, the board of education shall offer to lease the building for a term of one (1) year from the time the building is completed and ready for occupancy. The lease by its terms shall give the les…
KRS § 162.150 City may erect school buildings
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Any city may establish and erect school buildings and necessary appurtenances within the corporate limits under the provisions of KRS 162.160 to 162.280, for the purpose of supplying the board of education of the independent district embracing the city with adequate buildings nec…
KRS § 162.160 Plans and specifications for buildings -- Boards of education must offer to lease buildings before construction contract is made
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lease buildings before construction contract is made. (1) When any city desires to construct a school building, under the provisions of KRS 162.150, the governing body of the city shall, by ordinance, cause plans and specifications for the building to be duly made and filed in th…
KRS § 162.170 Financing construction of buildings
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For the purpose of defraying the cost of constructing or acquiring any school buildings and appurtenances for common school purposes under the provisions of KRS 162.150, any city may borrow money and issue negotiable revenue bonds. No bonds for common school purposes shall be iss…
KRS § 162.180 Bonds -- Interest on -- When payable -- How sold
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All bonds issued under the provisions of KRS 162.170 for common school purposes may bear interest at a rate or rates or method of determining rates, payable at least annually, and shall be executed in a manner and be payable at times, not exceeding thirty (30) years from the date…
KRS § 162.185 Applicability of KRS 162.170 and 162.180
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Nothing contained in KRS 162.170 or 162.180 is intended to or shall be construed to make interest rates applicable to revenue bonds issued by the governing bodies of state institutions of higher learning under KRS 162.340 to 162.380, inclusive, subject to regulation, establishmen…
KRS § 162.190 Bonds negotiable -- Tax-exempt -- Signatures -- Not city debt
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All bonds issued under the provisions of KRS 162.170 shall have all of the qualities of negotiable instruments, and shall not be subject to taxation. If any of the officers whose signatures appear on the bonds or coupons cease to be such officers before delivery of the bonds, the…
KRS § 162.200 Use of funds -- Lien on building
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All money received from any bonds issued pursuant to KRS 162.170 shall be used solely for the establishment or erection of the school building and necessary appurtenances, except that the money may be used also to advance the payment of the interest on bonds during the first thre…
KRS § 162.210 Rights of bondholders to enforce lien
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The school building and appurtenances shall remain subject to the statutory lien provided by KRS 162.200 until the payment in full of the principal and interest of the bonds. Any holder of the bonds or of any of the coupons may, either at law or in equity, protect and enforce the…
KRS § 162.220 Receiver in case of default
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If there is any default in the payment of the principal or interest on any of the bonds, any court having jurisdiction of the action may appoint a receiver to administer the school building on behalf of the city, with power to charge and collect rentals sufficient to provide for …
KRS § 162.230 Rent -- Disposition to be fixed by ordinance
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At or before the issuance of the bonds, the governing body of the city shall, by ordinance, set aside and pledge the income of the building into a special fund to be used and applied in payment of the cost and maintenance of the building. The ordinance shall definitely fix the am…
KRS § 162.240 Deposit and investment of sinking fund
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The sinking fund shall be deposited in a depository selected by the governing body of the city. The deposit, where practicable, shall be continuously secured by a pledge to the city of direct obligations of the United States, exclusive of accrued interest, at all times at least e…
KRS § 162.250 Maintenance fund surplus to be transferred to sinking fund
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If a surplus is accumulated in the maintenance fund equal to the cost of maintaining the building during the remainder of the calendar or fiscal year, as may be provided by the ordinance required by KRS 162.230, and the cost of maintaining and operating the building for the succe…
KRS § 162.260 Refunding bonds may be issued
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The city may issue refunding bonds to provide funds for the payment of any outstanding bonds, in accordance with the procedure prescribed for the issuance of the original bonds. The refunding bonds shall be secured to the same extent and shall have the same source of payment as t…
KRS § 162.270 Additional bonds authorized
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If the governing body of the city finds that the bonds authorized will be insufficient to accomplish the purpose desired, additional bonds may be authorized and issued subject to the same procedure.
KRS § 162.280 When city to convey property to board
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When the board of education of the school district has paid rent, as provided in KRS 162.160, sufficient to amortize the cost of erection of the building and appurtenances and to maintain the building and pay the cost of insurance, the city shall thereupon convey the premises to …
KRS § 162.290 Alternative methods -- Other procedure not required
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KRS 162.120 to 162.140 and KRS 162.150 to 162.280 are additional and alternate methods for the acquisition of school buildings by boards of education of independent districts embracing cities of any class, and do not include, alter, amend, or repeal any other statute. No proceedi…
KRS § 162.300 Certain boards may obtain school buildings as provided in KRS 162.120 to 162.290
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162.290. County boards of education and boards of education of independent districts not embracing a city of any class may obtain buildings for school purposes by proceeding under the provisions of KRS 162.120 to 162.290. When applied to such boards of education, KRS 162.120 to 1…
KRS § 162.310 State educational institution may convey building site
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For the purpose of providing buildings to be used in connection with any state educational institution, the governing body of the institution may convey to any person complying with KRS 162.320 and 162.330 a fee simple title, with covenant of general warranty of title, to real es…
KRS § 162.320 Contract for erection of building
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Every person to whom a site for a building is conveyed pursuant to KRS 162.310 shall immediately enter into a written contract with some person approved by the governing body of the state educational institution, for the immediate erection on the site of a building with the neces…
KRS § 162.330 Lease of building -- Option to purchase
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Immediately upon the execution of the contract provided for by KRS 162.320, the person to whom the site is conveyed shall execute, acknowledge, and deliver to the governing body of the state educational institution, a lease of the site and the building to be erected thereon, for …
KRS § 162.340 Governing bodies of state educational institutions may erect buildings
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The governing body of any state educational institution may, under the provisions of KRS 162.350 to 162.380, erect buildings and appurtenances to be used in connection with the institution for educational purposes.
KRS § 162.350 Method of erection of buildings by state educational institutions
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The governing body of a state educational institution erecting a building or buildings pursuant to KRS 162.340 is subject to the provisions of KRS 162.170 to 162.240, KRS 162.260, 162.270, and 162.290, except that part of KRS 162.190 that provides that the bonds shall be payable …
KRS § 162.360 Revenues from building -- Determination and use
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The governing body of a state educational institution erecting a building or buildings and appurtenances under the provisions of KRS 162.340 shall, by resolution, provide that the bonds shall be payable, solely from the revenues of such building or buildings, provided, said gover…
KRS § 162.370 Maintenance fund surplus
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If a surplus is accumulated in the maintenance fund equal to the cost of maintaining the building or buildings during the remaining portion of the calendar or fiscal year, as may be provided by the resolution adopted under KRS 162.360 and the cost of maintaining and operating the…
KRS § 162.380 Bonds are obligations of governing body -- Resolution constitutes contract
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The bonds issued under authority of KRS 162.350 shall be obligations only of the governing body of the institution, payable as to both principal and interest from the revenues as pledged for that purpose. In no event shall they be considered a debt for which the credit of the sta…
KRS § 162.385 School district finance corporation -- Definitions -- Construction bonds
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(1) Any board of education may obtain buildings for school purposes by proceeding under the provisions of KRS 162.120 to 162.290 utilizing a nonprofit finance corporation established pursuant to the provisions of KRS 273.161 to 273.390, inclusive, and KRS 58.180 as an issuing age…
KRS § 162.387 School district finance corporations may lease land for school construction -- Issuance of bonds
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-- Issuance of bonds. (1) Notwithstanding any other statute or administrative regulation to the contrary, any nonprofit finance corporation formed under KRS 162.385 may lease land from any government entity or agency for the purposes of constructing a school building on the site.…
KRS § 162.440 Insurance fund for board of education in a designated city or county containing a designated city
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containing a designated city. (1) The board of education of any designated city or of a county containing a designated city may, by resolution, establish a fund to be known as the "insurance fund" after written approval of the plan to administer the fund has been secured from the…
KRS § 162.450 Payments into fund -- Replacement of expenditures -- Use of interest
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The board of education authorized to establish an insurance fund pursuant to KRS 162.440 may raise the maximum limit of the insurance fund from time to time as it deems best. Until the amount in the fund equals the maximum limit, the board of education shall each year, from the r…
KRS § 162.460 Investment and care of insurance fund
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The insurance fund shall be kept on deposit with the treasurer of the board of education, unless by order of the board it is invested in United States, state, county, or city bonds that are not payable from assessments, and are registered, if practicable. If the bonds are coupon …
KRS § 162.470 Insurance inspector to examine buildings annually
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The board of education shall cause every building to be carefully examined annually by a competent insurance inspector. The inspector shall make a written report of the result of his examination with recommendations.