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56.864 Form of financing for tax and revenue anticipation notes, project notes, and
funding notes.
Tax and revenue anticipation notes, project notes, and funding notes may be variable-rate <br>or fixed-rate obligations issued in the form of commercial paper, fixed-rate obligations, <br>variable-rate demand obligations, multimodal obligations, commercial bank loans, or <br>other commercially-reasonable forms of financing.
Effective: May 30, 1997 <br>History: Created 1997 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 6, effective May 30, 1997.
Page 1 of 1
56.864 Form of financing for tax and revenue anticipation notes, project notes, and
funding notes.
Tax and revenue anticipation notes, project notes, and funding notes may be variable-rate <br>or fixed-rate obligations issued in the form of commercial paper, fixed-rate obligations, <br>variable-rate demand obligations, multimodal obligations, commercial bank loans, or <br>other commercially-reasonable forms of financing.
Effective: May 30, 1997 <br>History: Created 1997 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 6, effective May 30, 1997.
Page 1 of 1
56.864 Form of financing for tax and revenue anticipation notes, project notes, and
funding notes.
Tax and revenue anticipation notes, project notes, and funding notes may be variable-rate <br>or fixed-rate obligations issued in the form of commercial paper, fixed-rate obligations, <br>variable-rate demand obligations, multimodal obligations, commercial bank loans, or <br>other commercially-reasonable forms of financing.
Effective: May 30, 1997 <br>History: Created 1997 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 6, effective May 30, 1997.
