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2011 Kentucky Revised Statutes
CHAPTER 58 ACQUISITION AND DEVELOPMENT OF PUBLIC PROJECTS THROUGH REVENUE BONDS
58.430 Removal of interest rate limits.


KY Rev Stat § 58.430 (1996 through Reg Sess) What's This?
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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 Effective: July 13, 1990 History: Repealed and reenacted 1990 Ky.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.

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