United States — Kentucky
KRS § 103.140 Repealed, 1978.
1 provisions
This section was repealed in 1978.
Act or statute Open & Chat
United States — Kentucky Statutes
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United States — Kentucky
KRS § 103.150 Repealed, 1978.
1 provisions
This section was repealed in 1978.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.160 Repealed, 1978.
1 provisions
This section was repealed in 1978.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.170 Repealed, 1978.
1 provisions
This section was repealed in 1978.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.180 Repealed, 1978.
1 provisions
Section 103.180 was repealed in 1978.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.190 Repealed, 1978.
1 provisions
This section was repealed in 1978; the former catchline was “Additional bonds.”
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.195 Issuance of revenue bonds for housing project outside jurisdictional boundaries.
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Certain local governments and special districts may not issue revenue bonds for an out-of-area housing project unless the local legislative body where the project will be located gives express written consent.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.200 Definitions for KRS 103.200 to 103.285.
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This section defines key terms used in KRS 103.200 to 103.285, including "building" or "industrial building," "bonds" or "negotiable bonds," and "substantiating documentation."
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.210 Issuance of bonds.
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Cities or counties may issue negotiable bonds to finance industrial buildings or pollution control facilities, if the required ordinance or resolution is adopted and the other stated publication and financing conditions are met.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.2101 State local debt officer -- Kentucky Private Activity Bond Allocation Committee -- Review and approval or disapproval of projects -- Statement of assurance -- Maximum length of bond authorization.
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The state local debt officer and the Kentucky Private Activity Bond Allocation Committee must review certain bond projects, may request information, and may approve or disapprove projects; bonds cannot be issued until approval.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.215 Alternative procedure for issuance of bonds.
1 provisions
Cities or counties may use an alternative bond-financing procedure for industrial buildings and may structure the transaction as a loan, sale, or lease/sublease.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.220 Interest on bonds -- Terms -- Approval -- Marketing -- Refunding.
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This section lets an issuer set many bond terms, including interest, maturity, redemption, and refunding arrangements, but it must not issue bonds in violation of federal arbitrage rules.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.230 Bonds negotiable -- Disposal -- Private sale, when -- Payable only from revenue.
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These bonds are treated as negotiable instruments, may be sold by the issuing authority, and must be payable only from building revenue.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.240 Use of proceeds of bonds.
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Bond sale proceeds must be used only for the purposes listed in this section.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.245 Definition of "building" and "industrial building" -- Acquisition procedure.
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This section defines which properties count as a "building" or "industrial building" for eminent domain and says cities or counties may acquire qualifying industrial buildings, while property already held for industrial development is exempt from condemnation.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.2451 Eminent domain power not conferred.
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KRS 103.200 and 103.210 do not give eminent domain power, except as allowed by KRS 103.245.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.246 Financing pollution control facilities for industrial concerns and utility companies by cities and counties.
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Cities and counties may use bonds and related transactions to finance pollution control facilities for industrial concerns or utility companies.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.250 Lien of bondholders on building -- Receiver on default.
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Bondholders get a statutory mortgage lien on the industrial building, and a court may appoint a receiver if bond principal or interest is in default.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.251 Mortgage deed of trust by issuer of bonds.
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This section allows bond financing to include a mortgage deed of trust and lets the trustee foreclose if the issuer defaults.
Act or statute Open & ChatUnited States — Kentucky
KRS § 103.260 Application of revenue -- Charges for use.
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Local officials must set aside and pledge industrial-building revenue, and rents must be set and revised to cover bond debt, maintenance, and depreciation.
Act or statute Open & Chat