Kentucky Statutes 220.410 – Use of proceeds of bonds
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All money received from any bonds issued pursuant to KRS § 220.380 to KRS § 220.520 shall be applied solely for the purposes set forth in KRS § 220.030 and KRS § 220.380, except that the money may be used also to advance the payment of interest on the bonds during the first three (3) years following the date of the bonds.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 2062g-42.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 2062g-42.