Responsibility for liabilities of annexed area -- Uniform taxation

KRS § 81A.450, under ANNEXATION.

KRS § 81A.450

Whenever any unincorporated territory is annexed by a city, the annexing city shall be liable for any indebtedness that is attached to or exists against the territory by reason of the same being then or previously a part of any taxing district, and the annexing city shall assume the liability, so that after annexation the burden of taxation shall be uniform throughout the city.