162.010 Title to school property.

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162.010 Title to school property. The title to all property owned by a school district is vested in the Commonwealth for the <br>benefit of the district board of education. In the acquisition of land for school purposes, <br>whether by purchase or condemnation, or otherwise, the title obtained shall be in fee <br>simple, except that title to land received from the federal government or any agency <br>thereof can be received in other than fee simple with the approval of the Attorney General <br>of the Commonwealth. Any reversionary interest in any land held by boards of education <br>on June 14, 1934, shall not deprive such boards of the ownership of the buildings or other <br>improvements thereon. Effective: July 13, 1990 <br>History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 548, effective July 13, 1990. -- Amended 1958 Ky. Acts ch. 136, sec. 1. -- Amended 1954 Ky. Acts <br>ch. 20, sec. 1. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, <br>from Ky. Stat. sec. 4399-19.