{"data":{"id":"us-ky/krs-74.175","jurisdiction":"us-ky","citation":"KRS 74.175","heading":"Deferred assessments -- Limitation on actions.","body":"(1) When the water district desires to construct a water main which shall be primarily a\ntransmission line and secondarily a line to serve customers along the water main,\nthe commission may recommend to the court that the assessments be on a deferred\nbasis. If the court determines that the water main is primarily a transmission main,\nand secondarily benefits the property owners abutting the water main, the court may\nprovide that the assessments shall be on a deferred basis.\n(2) In the event the assessments are on a deferred basis, they shall not be immediately\ndue and payable until the benefit to the abutting property owners is realized either\nby a sale of the property or when the abutting property owner desires to tap into the\nwater main, and at that time the d eferred assessment shall be paid in full without\ninterest. For a deferred assessment on which the district has not initiated collection\naction in the courts by July 14, 1992, limitations on an action to collect shall not\nbegin to run until the assessment i s immediately due and payable as provided for in\nthis subsection.\n(3) In the event a property owner who has a deferred assessment against his property\nsells only a portion of the property or desires water service for only a portion of the\nproperty, the def erred assessment shall be prorated and paid only for the portion\nbeing sold or for the reasonable area of property being served by the water main.\nThe property owner shall be required to furnish to the commission a plat of the\nproperty being sold or the ar ea which will be served with water, and no other area\nmay be served from that service unless an additional portion of the deferred\nassessment is paid. For an additional portion of a deferred assessment on which the\ndistrict has not initiated collection act ion in the courts by July 14, 1992, limitations\non an action to collect shall not begin to run until the additional portion is\nimmediately due and payable because of further sale of the property or further\nextension of water service.\n(4) All remaining prov isions of the assessment statutes shall apply to deferred\nassessments, except as same may be inconsistent with this deferred assessment\nprovision.","path":["KRS Chapter 74"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=24382","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:34Z","sha256":"4f56f080c97ba40bb2bfa51682ff800ee8a8581882856e08585f020b736bace8","source_id":"us-ky","stale":false,"prev":"us-ky/krs-74.170","next":"us-ky/krs-74.177"},"notice":"GroundRules: Original legal text. Not legal advice."}