There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 81 CITY CLASSIFICATION, BOUNDARIES, AND ALTERNATIVE METHOD OF CONSOLIDATING GOVERNMENTAL SERVICES
81.440 Obligations and special taxes are unimpaired.
Download pdfcombined cities. Tax levies authorized for the payment of interest and the retirement of
bonds or to create sinking funds for such purposes shall continue to be levied and
collected over the same area by and for the new governing body in accordance with the
laws under which the levies were originally made until all bonded obligations of the old
city have been retired. Effective: March 25, 1960
History: Created 1960 Ky. Acts ch. 194, sec. 6, effective March 25, 1960.
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