Kentucky Revised Statutes (Last Updated: May 10, 2014) |
TITLE XV. ROADS, WATERWAYS, AND AVIATION |
CHAPTER 177. STATE AND FEDERAL HIGHWAYS -- LIMITED ACCESS FACILITIES -- TURNPIKES -- ROAD BONDS -- BILLBOARDS -- RECYCLERS |
General Obligation Bonds For Road Construction |
580. State debt contracted -- Legislative intent for KRS 177.580 to 177.630 -- Approval of people. |
590. Serial numbers -- Maturity dates. |
595. Full faith and credit of state pledged -- Funds derived from certain taxes to be set aside in amount sufficient to pay principal and interest -- Exception. |
600. Time of sale -- Units. |
610. Terms for bonds. |
615. Investment or deposit of amounts received for sinking fund. |
620. Investment or deposit of proceeds derived from sale of bonds -- Use of proceeds. |
625. Repealed, 1986. [Repealed] |
630. "Year" defined. |
720. Bonds for park purposes and bonds for highways, bridges and tunnels to be designated distinguishably -- Separation of proceeds. |
730. Bonds for park purposes and bonds for highways, bridges and tunnels to have separate sources of payment of principal and interest -- Provisions for levying taxes as required by the Constitution. |
740. Form of question for ballots if bonds not sold prior to August 31, 1960. |
750. Form of question for ballots if bonds are sold prior to August 31, 1960. |
760. Submission of question to the people -- Duties of Secretary of State. |
770. Election held in conjunction with general election. |
780. Sale of bonds -- Conditions. |
790. Bonds to mature in thirty years -- Other details to be established by the State Property and Buildings Commission. |
800. Bonds to be sold at public sale or sales -- Manner of advertising -- Interest rates to be established by the commission and may be determined on basis of competition. |
810. Bonds exempt from taxation -- Designation of signing officers -- Temporary bonds or certificates -- No other approvals required. |
820. "Year" defined. |