{"data":{"id":"us-ky/krs-164.520","jurisdiction":"us-ky","citation":"KRS 164.520","heading":"Irredeemable bond for benefit of University of Kentucky and Kentucky","body":"State University.\nThe bond issued by the commissioners of the sinking fund to themselves as trustees for\nthe University of Kentucky and Kentucky State University, bearing date July 1 , 1897, for\nthe sum of $165,000 and bearing interest at the rate of six percent (6%), payable\nsemiannually, remains in force and constitutes a perpetual obligation of the\nCommonwealth, and the interest thereon is a perpetual charge upon the Treasury. The\nFinance and Administration Cabinet shall, on the first day of January and on the first day\nof July each year, draw its warrant on the State Treasurer for the sum of $627.75 in favor\nof the treasurer of Kentucky State University, and its warrant on the State  Treasurer for\nthe sum of $4,322.25 in favor of the treasurer of the University of Kentucky.","path":["KRS Chapter 164"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=4315","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:16Z","sha256":"3574a209e4028be67897237d72f7ba93d97c149a9d47947bfe2374b1b119d679","source_id":"us-ky","stale":false,"prev":"us-ky/krs-164.518","next":"us-ky/krs-164.525"},"notice":"GroundRules: Original legal text. Not legal advice."}