216.110 Interest rate and term of bonds.
64 words·~1 min read·
/ky/chapter-216/216-110A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All bonds issued under the provisions of KRS 216.100 to 216.220 may bear interest at a rate or rate or method of determining rates, payable at least annually, and shall be executed in a manner and be payable at times, not exceeding thirty
(30)years from the date of the issue of the bonds, and at a place as the legislative body shall determine.