.430 Removal of interest rate limits.
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58.430 Removal of interest rate limits.
From and after March 9, 1970, notwithstanding any other acts or laws of other import
which may presently prevail, wherever the same may be found in the Kentucky Revised
Statutes as of such date, it shall be lawful for public bodies to establish, agree, and bind
themselves to pay interest upon their public obligations at any rate or rates which may be
determined upon by the governing bodies of the respective public bodies which are the
issuers thereof; but subject, nevertheless, to such approvals as may now or hereafter be
applicable thereto according to law.
Effective: July 13, 1990
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 293, effective July
13, 1990. -- Created 1970 Ky. Acts ch. 24, sec. 3.