{"data":{"id":"us-ky/krs-424.360","jurisdiction":"us-ky","citation":"KRS 424.360","heading":"Invitation to bid on municipal bonds.","body":"(1) Except in the case of:\n(a) Bonds issued for the purpose of facilitating the construction, renovation, or\npurchase of new or existing housing as provided by KRS 58.125; or\n(b) Bonds issued and sold pursuant to any section of the Constitution or the\nKentucky Revised Statutes providing  for the sale of bonds at a private,\nnegotiated sale;\nno sale of general obligation bonds or revenue bonds of any governmental unit,\npolitical subdivision, or agency thereof shall be made until advertisements for bids\nare publicized.\n(2) Advertisements for bids may be publicized by:\n(a) Newspaper publication in the area constituted by the political subdivision or\ngovernmental unit and published to afford statewide notice; or\n(b) Posting a notice of sale to a nationally recognized electronic bidding system.","path":["KRS Chapter 424"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=48654","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:41Z","sha256":"fc9d3a066c7075d40f9ae983d9d4b82651314099209a203cc57837f47bd34ab7","source_id":"us-ky","stale":false,"prev":"us-ky/krs-424.350","next":"us-ky/krs-424.370"},"notice":"GroundRules: Original legal text. Not legal advice."}