KRS 58.550: Bonds may be issued without any departmental consent -- Bond sale not
Where this section sits in the code
- KRS Chapter 58
governed by KRS 56.450.
The issuance of revenue bonds by the authority under the provisions of KRS 58.500 to
58.590 need not comply with the requirements of any other law applicable to the issuance
of bonds. Bonds may be issued under the provisions of KRS 58.500 to 58.590 without
obtaining the consent of any department, division, commission, board, bureau or agency
of the Commonwealth, and without any proceedings or any other conditi ons or things,
except as specifically required by KRS 58.500 to 58.590. The provisions of KRS 58.500
to 58.590 will supersede KRS 56.450 in regard to the sale of revenue bonds by this
authority. Utilization may be made by the authority, however, of the p rovisions of
sections of this chapter relating to issuance of revenue bonds for public projects generally
in respect to: form, coupons, denominations, place of payment, signing, facsimile
signatures, negotiability and method of sale.
Collected 2026-09-05T20:49:13Z. Source file · JSON