81A.450 Responsibility for liabilities of annexed area -- Uniform taxation.
64 words·~1 min read·
/ky/chapter-81a/81a-450A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Whenever any unincorporated territory is annexed by a city, the annexing city shall be liable for any indebtedness that is attached to or exists against the territory by reason of the same being then or previously a part of any taxing district, and the annexing city shall assume the liability, so that after annexation the burden of taxation shall be uniform throughout the city.