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 the place or places as the city legislative body determines.
KRS 96.380
Interest rate and maturity of bonds
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.