The board, subject to the approval required by KRS Chapter 66, may sell and deliver its general obligation bonds not to exceed in principal amount any limitation provided in Section 158 of the Constitution, in the manner and at the times for public sale as it deems proper, provided that before the bonds may be issued, the board shall take the same actions required by KRS Chapter 66.
KRS 107.460
Prerequisites to issuance of bonds
Known as the Kentucky Privatization Act
The act spans §§ 107–107 (57 sections).
Effective: July 15, 1996 History: Amended 1996 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.