{"data":{"id":"us-ky/krs-184.370","jurisdiction":"us-ky","citation":"KRS 184.370","heading":"Bonds not a debt of the state.","body":"(1) Bonds issued by a district do not constitute a debt, or a pledge of the faith and\ncredit, of the state or of any political subdivision of the state. Bond service charges\non outstanding bonds are payable solely from the pledged revenues pledged for their\npayment as authorized by KRS 184.350 to 184.395 and as provided in the bond\nproceedings. All bonds shall contain on their face a statement to that effect.\n(2) All expenses incurred in carrying out KRS 184.350 to 184.395 shall be payable\nsolely from revenues provided under KRS 184.350 to 184.395. KRS 184.350 to\n184.395 does not authorize the board of trustees of a district to incur indebtedness\nor liability on behalf of or payable by the state or any political subdivision of the\nstate.","path":["KRS Chapter 184"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=53021","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:36Z","sha256":"f8954c3425e325df89f341ab64acd901029dd63cf58e5c799a9bc16159841acf","source_id":"us-ky","stale":false,"prev":"us-ky/krs-184.367","next":"us-ky/krs-184.373"},"notice":"GroundRules: Original legal text. Not legal advice."}