11 chapters · 441 sections in this title.
KRS § 441.630 Contents of agreement between authority and local government -- Limits of authority's financial participation in projects
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of authority's financial participation in projects. If the authority deems it suitable, feasible, necessary, or expedient that any project or projects be financed or refinanced and constructed by the authority, the authority may make one (1) or more written agreements in which th…
KRS § 441.635 Leases between authority and local governments authorized -- Contents
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The authority and any local government are authorized and empowered to enter into a lease with respect to any project according to any agreement or agreements made pursuant to KRS 441.630. Any lease may contain, in substance, any of the following provisions and such other provisi…
KRS § 441.640 Revenue bonds issued by authority -- Limits on first issue -- Provisions for delivery of bond or note certificates
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delivery of bond or note certificates. (1) The authority may provide for the issuance of revenue bonds to pay any part of the cost of any projects undertaken pursuant to an agreement and lease; provided that, the authority shall not issue bonds before July 15, 1983, and until the…
KRS § 441.645 Revenue bonds are not debt of Commonwealth
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Bonds issued by the authority under the provisions of KRS 441.625 to 441.695 do not constitute a debt of the Commonwealth or of any political subdivision thereof, or a pledge of the faith and credit of the Commonwealth or of any such political subdivision, but such bonds shall be…
KRS § 441.650 Trust indenture to secure bonds
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In the discretion of the authority, any bonds issued under the provisions of KRS 441.625 to 441.695 may be secured by a trust indenture by and between the authority and a corporate trustee, which may be any trust company or bank having the powers of a trust company in or outside …
KRS § 441.655 Rights and remedies of bondholders
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Any holder of bonds issued under the provisions of KRS 441.625 to 441.695 and the trustee under any trust indenture, except to the extent the rights herein given may be restricted by such trust indenture, may, either at law or in equity, by suit, action, mandamus or other proceed…
KRS § 441.660 Status of authority's bonds as investments
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Bonds issued by the authority are securities in which all public officers and public bodies, agencies and instrumentalities of the Commonwealth and its political subdivisions, all insurance companies, trust companies, bank associations, investment companies, executors, administra…
KRS § 441.665 Authority may issue revenue refunding bonds -- Purposes
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(1) The authority may provide for the issuance of revenue refunding bonds for the purpose of refunding any bonds then outstanding which shall have been issued under the provisions of KRS 441.625 to 441.695, including the payment of any redemption premium thereon and any interest …
KRS § 441.670 Application of authority's revenues -- Purposes
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All moneys, received under the provisions of KRS 441.625 to 441.695, either from the sale of bonds or as revenues, are to be held and applied solely as provided in KRS 441.625 to 441.695. The proceedings or the trust indenture shall provide that any officer with whom, or any bank…
KRS § 441.675 Authority's property, income, revenues and bonds are tax-exempt
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The authority is not required to pay any taxes or assessments of any nature whatsoever, upon any project or projects owned by the authority or leased by the authority; or any property acquired or used by the authority under the provisions of KRS 441.625 to 441.695; or upon the in…
KRS § 441.680 Conveyance of property by authority
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The authority shall convey in fee simple and at no additional costs to the lessee, any project to the lessee when all bonds issued under the provisions of KRS 441.625 to 441.695 in connection with said project and all interest thereon shall have been paid or a sufficient amount f…
KRS § 441.685 Local Correctional Facilities Construction Authority fund -- Use of funds -- Investments
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- Investments. (1) There is created and established a Kentucky Local Correctional Facilities Construction Authority fund which shall consist of the following: (a) Rentals received under leases made by the authority pursuant to KRS 441.625 to 441.695; (b) Appropriations by the Gen…
KRS § 441.690 Projects exempt from KRS 56.440 to 56.540 and KRS 45A.045
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Nothing in KRS 56.440 to 56.540 and KRS 45A.045 shall be construed to apply to any project undertaken by the authority pursuant to KRS 441.625 to 441.695.
KRS § 441.695 Reports of authority -- Audits -- Authority's audits to be public records
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By January 1 each year the authority shall make an annual report of its activities for the preceding fiscal year to the Office of the State Budget Director and to the Interim Joint Committee on Appropriations and Revenue. Each such report shall set forth a complete operating and …
KRS § 441.800 Creation of regional jail authority -- Powers of authority
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(1) Two (2) or more counties may by ordinances establish a regional jail authority. (2) The authority shall constitute a public body corporate and politic, exercising public and essential governmental functions, and having all the powers necessary or convenient to carry out and e…
KRS § 441.810 Composition of authority -- Appointment -- Terms
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(1) The regional jail authority shall be composed of members appointed by the county judges/executive of the respective counties within the authority and the jailer of the county where the regional jail is located. The county judge/executive of the most populous county shall appo…
KRS § 441.820 Court facilities in regional jail
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A regional jail may contain court facilities for judicial proceedings not involving a jury.
KRS § 441.840 Department of Corrections protocol -- Local and regional jail plans -- Failure to meet standards
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Failure to meet standards. (1) (a) The Department of Corrections shall, through the promulgation of administrative regulations under KRS Chapter 13A, develop an evacuation and relocation protocol for jailers of local and regional jails to follow in the development of individual e…
KRS § 441.990 Penalties
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(1) A violation of KRS 441.035 shall be deemed a Class A misdemeanor. (2) No officer or employee of the authority shall have any interest, direct or indirect, in the sale or purchase of any bonds authorized by KRS 441.625 to 441.695. Violation of this provision shall be punishabl…