{"data":{"id":"us-ky/krs-162.200","jurisdiction":"us-ky","citation":"KRS 162.200","heading":"Use of funds -- Lien on building.","body":"All money received from any bonds issued pursuant to KRS 162.170 shall be used solely\nfor the establishment or erection of the school building and necessary appurtenances,\nexcept that the money may be used also to advance the payment of the interest on bon ds\nduring the first three (3) years following the date of the bonds. There shall be a statutory\nmortgage lien upon the school building and appurtenances in favor of the holders of the\nbonds and coupons.","path":["KRS Chapter 162"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=4047","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:12Z","sha256":"61cccd1f831bc3a87faa4924dced6d112004f33f6ed7963b0e5b847fd1b3d45e","source_id":"us-ky","stale":false,"prev":"us-ky/krs-162.190","next":"us-ky/krs-162.210"},"notice":"GroundRules: Original legal text. Not legal advice."}