{"data":{"id":"us-ky/krs-96a.150","jurisdiction":"us-ky","citation":"KRS 96A.150","heading":"Bond anticipation notes.","body":"When an authority has made a determination, as a matter of record, that it will authorize\nand issue in its own name revenue bonds under authority of subsection (2) of KRS\n96A.120, or mortgage bonds under authority of subsection (3) of KRS 96A.120, such\nauthority may obtain interim construction or acquisition financing moneys through the\nauthorization and issuance of its revenue bond anticipation notes, or its mortgage bond\nanticipation notes, as the case may be, the same to be shown in the text thereof to b e\npayable as to principal and interest solely from the proceeds of the authorized revenue\nbonds or mortgage bonds, as the case may be. Such notes shall mature not later than one\n(1) year from the date of issuance thereof, as the authority may determine, an d shall be\nrenewable at or prior to maturity according to the provisions of the authority's\nproceedings incident to the issuance thereof. Such anticipation notes need not be offered\nat an advertised competitive public sale, but may be offered in the manner provided for in\nthe case of similar notes of certain state agencies, according to KRS 56.513.","path":["KRS Chapter 96A"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26338","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:59Z","sha256":"4104e7c99530f97c9f13c356fb9b346b5f279cbada0595117a6a2b9f9ee42ee7","source_id":"us-ky","stale":false,"prev":"us-ky/krs-96a.140","next":"us-ky/krs-96a.160"},"notice":"GroundRules: Original legal text. Not legal advice."}