Kentucky Statutes 106.060 – Interest and payment of bonds
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Bonds may be issued bearing 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 forty (40) years from the date of issue, and at a place or places as the water district commissioners or the city legislative body determines.
Effective: July 15, 1996
History: Amended 1996 Ky. Acts ch. 274, sec. 29, effective July 15, 1996. — Created
1954 Ky. Acts ch. 18, sec. 6, effective June 17, 1954.
Effective: July 15, 1996
Terms Used In Kentucky Statutes 106.060
- City: includes town. See Kentucky Statutes 446.010
History: Amended 1996 Ky. Acts ch. 274, sec. 29, effective July 15, 1996. — Created
1954 Ky. Acts ch. 18, sec. 6, effective June 17, 1954.