{"data":{"id":"us-ky/krs-279.130","jurisdiction":"us-ky","citation":"KRS 279.130","heading":"Obligations, how issued, secured, purchased or redeemed.","body":"Any corporation formed under this chapter may issue its obligations and pledge its future\nrevenues for the payment thereof. The obligations may be in the form of bonds, notes,\ndebentures, interim certificates or other evidences of indebtedness. The obligat ions shall\nbe authorized by the board of directors by a resolution which shall fix the dates of\nissuance and maturity, the rate and time of payment of interest, and denominations, the\nform (either coupon or registered), the registration privileges, the man ner of execution,\nthe place and medium of payment, and the terms of redemption. Any limitation as to\ninterest or term of maturity otherwise provided by law shall not be applicable to\nobligations issued by a corporation organized under this chapter.","path":["KRS Chapter 279"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=14197","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:31Z","sha256":"55b7ee132cad334d390f15e70e8250250da08c90e41554132cbe38e6269349b6","source_id":"us-ky","stale":false,"prev":"us-ky/krs-279.125","next":"us-ky/krs-279.140"},"notice":"GroundRules: Original legal text. Not legal advice."}