{"data":{"id":"us-ky/krs-224a.260","jurisdiction":"us-ky","citation":"KRS 224A.260","heading":"Authority may finance pollution control facilities.","body":"(1) The Kentucky Infrastructure Authority may finance pollution control facilities in the\nmanner provided by KRS 103.246. For such purposes, the terms \"city\" and \"county\"\nas used in KRS 103.246 shall also mean and refer to the Kentucky Infrastructure\nAuthority.\n(2) The authority may enter into the agreements with the United States Small Business\nAdministration as shall be necessary in connection with the financing of pollution\ncontrol facilities in order to provide for the guarantee of bonds or notes of the\nKentucky Infrastructure Authority by the United States Small Business\nAdministration.\n(3) The authority granted to the Kentucky Infrastructure Authority by this section shall\nnot include the power to acquire property, rights -of-way or easements by\ncondemnation.\n(4) Neither the Kentucky Infrastructure Authority nor the state or any political\nsubdivision of the state shall be pecuniarily responsible or liable in any manner for\nthe payment of principal of and interest on bonds or notes issued by the authority\nunder this section.  The bonds or notes shall be payable solely from revenues,\nreceipts and payments derived from the lease, sale or vesting of the pollution\ncontrol facilities in and to industrial concerns and utility companies with whom the\nauthority contracts.","path":["KRS Chapter 224A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=10587","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:52:43Z","sha256":"518b5fbe54ae2e7ae361e51b6439a2b1ace4cd18d36116c2d4fa2769cdb0de99","source_id":"us-ky","stale":false,"prev":"us-ky/krs-224a.250","next":"us-ky/krs-224a.270"},"notice":"GroundRules: Original legal text. Not legal advice."}