80-1604. Terms of bonds.
65 words·~1 min read·
/ks/chapter-80/80-1604A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
80-1604. Terms of bonds. Any bonds issued under the terms of this act shall mature serially or otherwise within a maximum period of forty
(40)years from the date of issue and shall bear interest at a rate not to exceed the maximum rate of interest prescribed by K.S.A. 10-1009 and the provisions of K.S.A. 10-112 and K.S.A. 10-113 shall not apply to this act.