{"data":{"id":"us-ky/krs-164a.200","jurisdiction":"us-ky","citation":"KRS 164A.200","heading":"Corporation exempt from taxation -- Interest on bonds issued by","body":"corporation may be subject to federal income taxation.\nThe Kentucky Higher Education Student Loan Corporation has been duly created as an\nindependent de jure municipal corporation and po litical subdivision of the\nCommonwealth of Kentucky. As the corporation will in all respects be performing\nessential governmental and public functions, the corporation shall not be required to pay\nany taxes or assessments upon any of its property, real, pe rsonal, or mixed, nor upon the\nincome therefrom; and bonds, notes or other obligations issued by the corporation under\nthis chapter, the income thereon, and the transfer thereof, including any profit made on\nthe sale thereof, shall at all times be exempt f rom taxation or assessment of any type by\nthe Commonwealth, its agencies and departments, and by all political subdivisions within\nthe state. Nothing contained in this chapter shall preclude or prevent the authorization and\nissuance by the corporation from  time to time of bonds, notes or other obligations, the\nreceipt of interest on which may be subject to federal income taxation.","path":["KRS Chapter 164A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=4550","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:19Z","sha256":"b3d80b9e870e2ba5b29c4054462f2da0ed4a4ffb9f422c4cc1346022f1a7f1fe","source_id":"us-ky","stale":false,"prev":"us-ky/krs-164a.190","next":"us-ky/krs-164a.210"},"notice":"GroundRules: Original legal text. Not legal advice."}