Tax and revenue anticipation notes, project notes, and funding notes may be variable-rate or fixed-rate obligations issued in the form of commercial paper, fixed-rate obligations, variable-rate demand obligations, multimodal obligations, commercial bank loans, or other commercially-reasonable forms of financing.
KRS 56.864
Form of financing for tax and revenue anticipation notes, project notes, and funding notes
Effective: May 30, 1997 History: Created 1997 (1st Extra
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.