58 chapters · 2,501 sections in this title.
KRS § 65.7711 Notes to be secured by pledge, lien, and charge -- Sinking fund or note retirement fund
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retirement fund. Notes issued in a single fiscal year, shall be equally and ratably secured by the pledge of, security interest in, and a lien and charge on, the taxes or revenues, or both, of the governmental agency specified in the authorizing legislation which are in the proce…
KRS § 65.7713 Enforcement of pledge, lien, and charge -- Payment of notes
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The holder of the notes may enforce a pledge of, security interest in, and lien and charge on, the taxes or revenues, or both, of the governmental agency against all state and local public officials in possession of any of the taxes or revenues at any time which may be collected …
KRS § 65.7715 Estimate of revenues available for securing notes
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Prior to each authorization of notes, authorized officers of the governmental agency shall make an estimate of the taxes or revenues, or both, whichever is to secure the payment of the notes, which are estimated to be received during the period when the notes will be outstanding.…
KRS § 65.7717 Sale -- Award to be made by legislation
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Notes may be sold at public, private, or invited sale as the governing body of the governmental agency may determine. Any public sale shall be advertised and conducted in the manner and subject to the conditions provided for a public sale of bonds pursuant to KRS Chapter 424. The…