{"data":{"id":"us-ky/krs-160.065","jurisdiction":"us-ky","citation":"KRS 160.065","heading":"Liability for indebtedness in case of annexation.","body":"When any property assessable for school purposes in one school district is annexed by or\ntransferred to another school district, the recipient district shall assume a part of the\nindebtedness, if any, of the other school district incurred for school buildings and grounds\nin the proportion the assessed valuation of property taxable for school purposes\ntransferred bears to the total assessed valuation of property taxable for school purposes in\nthe district losing the territory.","path":["KRS Chapter 160"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=3671","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:07Z","sha256":"dac4060cb229c9584f09898a000e3768f70ecbef7ff2f40066b2f7d0098e4fc6","source_id":"us-ky","stale":false,"prev":"us-ky/krs-160.060","next":"us-ky/krs-160.070"},"notice":"GroundRules: Original legal text. Not legal advice."}