Statutes > Kentucky Statutes > CHAPTER 58 ACQUISITION AND DEVELOPMENT OF PUBLIC PROJECTS THROUGH REVENUE BONDS > 58.430 Removal of interest rate limits.

58.430 Removal of interest rate limits.

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58.430 Removal of interest rate limits. From and after March 9, 1970, notwithstanding any other acts or laws of other import <br>which may presently prevail, wherever the same may be found in the Kentucky Revised <br>Statutes as of such date, it shall be lawful for public bodies to establish, agree, and bind <br>themselves to pay interest upon their public obligations at any rate or rates which may be <br>determined upon by the governing bodies of the respective public bodies which are the <br>issuers thereof; but subject, nevertheless, to such approvals as may now or hereafter be <br>applicable thereto according to law. Effective: July 13, 1990 <br>History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 293, effective July 13, 1990. -- Created 1970 Ky. Acts ch. 24, sec. 3.