.125 Sale of housing mortgage bonds.
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58.125 Sale of housing mortgage bonds.
Any public body as defined in KRS 58.410 when issuing bonds for the purpose of
facilitating the construction, renovation or purchase of new or existing housing, including
single family mortgage revenue bonds and multifamily housing revenue bonds, may issue
and sell the bonds upon such terms, for such prices, and at such interest rates, as are
deemed appropriate by the public body, including by public sale pursuant to KRS Chapter
424 or by private negotiated sale without advertisement.
Effective: July 15, 1986
History: Created 1986 Ky. Acts ch. 259, sec. 1, effective July 15, 1986.