{"data":{"id":"us-ky/krs-180.080","jurisdiction":"us-ky","citation":"KRS 180.080","heading":"Bonds -- Interest -- Maturity -- Redemption.","body":"(1) The bonds shall bear interest at a rate or rates or method of determining rates,\npayable at least annually, as fixed by the department, and shall mature not less than\none (1) year from their issuance, at a date fixed by the department. The interest on\nthe bonds shall be paid at least annually. The bonds shall be free from taxation.\n(2) The bonds may provide that they or any of them may be called for redemption prior\nto maturity, on interest payment dates not earlier than one (1) year from date of\nissuance of the bonds at a price and under conditions fixed by the department before\nissuing the bonds.","path":["KRS Chapter 180"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=5539","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:31Z","sha256":"841d75620ace782f7b2e13d6baa8374521864be615759dcf31ee29334df61fcd","source_id":"us-ky","stale":false,"prev":"us-ky/krs-180.070","next":"us-ky/krs-180.090"},"notice":"GroundRules: Original legal text. Not legal advice."}