Ky. Rev. Stat. § 65.7707
Current through 2024 Ky. Acts ch.225
Notes payable shall mature on a date determined by the governing body which shall be no later than the last day of the fiscal year in which the notes are issued. Interest on notes from the date thereof shall be payable at their maturity or payable in installments at earlier dates. Interest on the notes may be at a rate, rates or method of determining rates the governing body of the governmental agency unit may determine.
KRS 65.7707
Created 1990 Ky. Acts ch. 76, sec. 4, effective7/13/1990.