There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 279 RURAL ELECTRIC AND RURAL TELEPHONE COOPERATIVE CORPORATIONS
279.130 Obligations, how issued, secured, purchased or redeemed.
Download pdfrevenues for the payment thereof. The obligations may be in the form of bonds, notes,
debentures, interim certificates or other evidences of indebtedness. The obligations shall
be authorized by the board of directors by a resolution which shall fix the dates of
issuance and maturity, the rate and time of payment of interest, and denominations, the
form (either coupon or registered), the registration privileges, the manner of execution,
the place and medium of payment, and the terms of redemption. Any limitation as to
interest or term of maturity otherwise provided by law shall not be applicable to
obligations issued by a corporation organized under this chapter. Effective: June 16, 1972
History: Amended 1972 Ky. Acts ch. 11, sec. 4, effective June 16, 1972. -- Amended 1949 (1st Extra. Sess.) Ky. Acts ch. 9, sec. 1, effective March 30, 1949. -- Amended
1942 Ky. Acts ch. 7, secs. 1 and 2. -- Recodified 1942 Ky. Acts ch. 208, sec. 1,
effective October 1, 1942, from Ky. Stat. secs. 883j-17, 883j-18, 883j-19.
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