2017 Kentucky Revised Statutes
CHAPTER 181 - COUNTY AND CITY BRIDGES, TUNNELS, AND FERRIES
.700 Bonds to be lawful investments -- Tax-exempt.

Universal Citation: KY Rev Stat § 181.700 (2017)

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181.700 Bonds to be lawful investments -- Tax-exempt. (1) (2) The bonds shall be lawful investments of banks, trust companies, trustees, and of commissioners of the sinking fund of municipalities and counties, and shall be acceptable as security for the deposit of public money. The bonds and the income thereof shall be exempt from taxation. Effective: October 1, 1942 History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3235g-17.
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