{"data":{"id":"us-ky/krs-67.525","jurisdiction":"us-ky","citation":"KRS 67.525","heading":"Sinking fund management.","body":"The sinking fund shall be deposited in a depositary selected by the county buildings\ncommission. The deposit, where practicable, shall be continuously secured by a pledge to\nthe county buildings commission of direct obligations of the United States, exclus ive of\naccrued interest, at all times at least equal to the balance on deposit in the account or in\nsome other manner acceptable to the purchasers or holders of the bonds. The securities\nshall be deposited with the county buildings commission or held by a trustee or agent\nsatisfactory to such commission. The sinking fund may be invested in direct obligations\nof the United States.","path":["KRS Chapter 67"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=23754","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:26Z","sha256":"0b8427ee8ece9147ccdba9edb40e4c545f142f6d220ddd55c1a6e2ba3263c102","source_id":"us-ky","stale":false,"prev":"us-ky/krs-67.520","next":"us-ky/krs-67.530"},"notice":"GroundRules: Original legal text. Not legal advice."}