{"data":{"id":"us-ky/krs-99.280","jurisdiction":"us-ky","citation":"KRS 99.280","heading":"Obligations insured under Federal Housing Act not subject to investment","body":"limits.\nThe limits as to principal amount secured by mortgage referred to in KRS 99.270 shall\nnot apply to certificates, bonds and notes, or part interests therein, or any part of an issue\nthereof, which are secured by first mortgage on real property in a development area, or\nany part thereof, which the federal housing administrator has insured or has made a\ncommitment to insure under the National Housing Act. Any such person, partn ership,\ncorporation, public body or public officer may receive and hold any debentures,\ncertificates or other instruments issued or delivered by the federal housing administrator,\npursuant to the National Housing Act, in compliance with the contract of ins urance of a\nmortgage on real property in the development area, or any part thereof.","path":["KRS Chapter 99"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26528","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:50:01Z","sha256":"4f5c6ae2f9e9ef00178d631eeeff00381cd1b305bbeea9fb2ca0b7745137afea","source_id":"us-ky","stale":false,"prev":"us-ky/krs-99.270","next":"us-ky/krs-99.290"},"notice":"GroundRules: Original legal text. Not legal advice."}