{"data":{"id":"us-ky/krs-184.150","jurisdiction":"us-ky","citation":"KRS 184.150","heading":"Agreements for payment on ten-year plan -- When payments due.","body":"(1) Any property owner who desires to exercise the privilege of payment by installment\nshall, before the expiration of said thirty (30) days, pay in cash one -tenth (1/10) of\nthe assessment against him and enter into an agreement in writing with the road\ndistrict that, in consideration of such privilege, he will make no objection to any\nillegality or irregularity in the assessment, levy or imposition of the assessment\nagainst his property. Any property owner entering into such an agreement shall be\nconcluded the reby and shall waive any defense which he might otherwise have\nagainst the payment of the assessment levied against his property. Said agreement\nshall be filed and recorded among the records of the board of directors of the road\ndistrict, and shall be binding upon any successor in title to the property.\n(2) After the first payment of one -tenth (1/10) of the assessment shall have been made\nin cash at the time the property owner elects to pay the balance on the installment\nplan, the remaining installments sha ll be due and payable one (1) each year on the\nanniversary of the last day of the thirty (30) day period for executing the installment\npayment agreement, together with interest as herein provided for nine (9) years.","path":["KRS Chapter 184"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=5895","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:36Z","sha256":"24f96e33e03a37e0b670ee040d0751f69cfbdb893a36e070889695332df2ab50","source_id":"us-ky","stale":false,"prev":"us-ky/krs-184.140","next":"us-ky/krs-184.160"},"notice":"GroundRules: Original legal text. Not legal advice."}