{"data":{"id":"us-ky/krs-67a.805","jurisdiction":"us-ky","citation":"KRS 67A.805","heading":"Restriction on payments from sinking fund -- Debt service reserve.","body":"All sums received and deposited in the sinking fund shall be held inviolate and applied by\nthe urban-county government solely for the payment of the principal of, and interest on,\nthe bonds issued for the financing of the identified improvement project. Th e amount\ncollected, and deposited in the sinking fund from the first improvement assessment levied\nin connection with any project, in excess of maturing principal and interest of the bonds,\nand for the purpose of creating a \"debt service reserve,\" shall be  held in the sinking fund\nfor that purpose.","path":["KRS Chapter 67A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=23941","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:28Z","sha256":"e2d2449837b3e4f644d37c6e88cea5ca7ac394110b599cdcc1a655ecdedb60d3","source_id":"us-ky","stale":false,"prev":"us-ky/krs-67a.800","next":"us-ky/krs-67a.810"},"notice":"GroundRules: Original legal text. Not legal advice."}