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96.380 Interest rate and maturity of bonds.

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96.380 Interest rate and maturity of bonds. Bonds may be issued bearing interest at a rate or rates or method of determining rates, <br>payable at least annually, and shall be executed in a manner and be payable at times not <br>exceeding forty (40) years from the date of issue and at the place or places as the city <br>legislative body determines. Effective: July 15, 1996 <br>History: Amended 1996 Ky. Acts ch. 274, sec. 21, effective July 15, 1996. -- Amended 1968 Ky. Acts ch. 110, sec. 11. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective <br>October 1, 1942, from Ky. Stat. secs. 2741l-4, 2741l-26.