Bonds authorized under the provisions of KRS 220.380 to 220.520 may be issued bearing interest determined by the procedures set forth in KRS 58.430, and shall be executed in such manner and be payable at such time, not exceeding forty (40) years from the date thereof, and at such place or places, as the board of directors shall determine.
KRS 220.390
Interest rate on bonds -- Time and place of payment
Effective: July 15, 1994 History: Amended 1994 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.