{"data":{"id":"us-ky/krs-262.750","jurisdiction":"us-ky","citation":"KRS 262.750","heading":"Bonds.","body":"(1) Bonds authorized by KRS 262.745 shall not be issued until proposed by order or\nresolution of the board of directors, specifying the purpose for which the funds are\nto be used and the proposed undertaking, the amount of bonds to be issued, the rate\nof interest they are to bear and the amount of any necessary tax levy authorized in\nKRS 262.760 to establish a sinking fund for the liquidation of bonds as provided in\nKRS 262.760. Copy of the order or resolution shall be certified to the board of\nsupervisors.\n(2) The board of supervisors shall conduct a hearing on such proposal after notice given\npursuant to KRS 262.010(4). If it appears that the proposal is within the scope and\npurpose of KRS 262.700 to 262.795 and meets all other requirements of the law, the\nproposal shall be submitted to the landowners of the district by referendum under\nsupervision of the board of supervisors.\n(3) Provisions of KRS 262.725, 262.730 and 262.740 as to notice, qualifications of\nvoters, absentee voting and manner of holding referen dum election in organizing a\nwatershed conservancy district shall apply to the referendum held under this section.\n(4) If the landowners voting favor the proposal, subject to the provisions of KRS\nChapter 66, the bonds may be issued.","path":["KRS Chapter 262"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=12794","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:11Z","sha256":"1aff50b9fc88c5764faa602d23da2c0fa3ee9dcfe9425c1109b4472be4fa71c6","source_id":"us-ky","stale":false,"prev":"us-ky/krs-262.748","next":"us-ky/krs-262.755"},"notice":"GroundRules: Original legal text. Not legal advice."}