Kentucky Constitution
Section 179

Political subdivision not to become stockholder in corporation, or appropriate money or lend credit to any person, except for roads or State Capitol.


The General Assembly shall not authorize any county or subdivision thereof, city, town or incorporated district, to become a stockholder in any company, association or corporation, or to obtain or appropriate money for, or to loan its credit to, any corporation, association or individual, except for the purpose of constructing or maintaining bridges, turnpike roads, or gravel roads: Provided, If any municipal corporation shall offer to the Commonwealth any property or money for locating or building a Capitol, and the Commonwealth accepts such offer, the corporation may comply with the offer.

Text as Ratified on: August 3, 1891, and revised September 28, 1891.
History: Not yet amended.

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