177.780 Sale of bonds -- Conditions. If the question submitting KRS 177.700 to 177.820 to the people at said election on <br>November 8, 1960, shall have been in the form set forth in KRS 177.740, then from and <br>after the proclaiming by the Governor that KRS 177.700 to 177.820 has been approved <br>and is in effect, any unissued bonds of the issue for highways, bridges and tunnels, as <br>proposed by KRS 177.580 to 177.630, approved and authorized by the voters at the <br>election held on November 6, 1956, as aforesaid, may be sold and issued by the <br>commission, at one (1) time or from time to time, in strict conformity with all provisions <br>of said KRS 177.580 to 177.630, with the sole exception that pursuant to the voters' <br>authorization and approval of KRS 177.700 to 177.820, the heretofore prevailing interest <br>rate limitation of three percent (3%) per annum may be disregarded and any or all of said <br>bonds may be sold and issued to bear any interest rate or not exceeding the then <br>prevailing maximum rate as prescribed by statute in and for the Commonwealth <br>generally. Effective: June 16, 1960 <br>History: Created 1960 Ky. Acts ch. 106, sec. 10, effective June 16, 1960.
177.780 Sale of bonds -- Conditions. If the question submitting KRS 177.700 to 177.820 to the people at said election on <br>November 8, 1960, shall have been in the form set forth in KRS 177.740, then from and <br>after the proclaiming by the Governor that KRS 177.700 to 177.820 has been approved <br>and is in effect, any unissued bonds of the issue for highways, bridges and tunnels, as <br>proposed by KRS 177.580 to 177.630, approved and authorized by the voters at the <br>election held on November 6, 1956, as aforesaid, may be sold and issued by the <br>commission, at one (1) time or from time to time, in strict conformity with all provisions <br>of said KRS 177.580 to 177.630, with the sole exception that pursuant to the voters' <br>authorization and approval of KRS 177.700 to 177.820, the heretofore prevailing interest <br>rate limitation of three percent (3%) per annum may be disregarded and any or all of said <br>bonds may be sold and issued to bear any interest rate or not exceeding the then <br>prevailing maximum rate as prescribed by statute in and for the Commonwealth <br>generally. Effective: June 16, 1960 <br>History: Created 1960 Ky. Acts ch. 106, sec. 10, effective June 16, 1960.
177.780 Sale of bonds -- Conditions. If the question submitting KRS 177.700 to 177.820 to the people at said election on <br>November 8, 1960, shall have been in the form set forth in KRS 177.740, then from and <br>after the proclaiming by the Governor that KRS 177.700 to 177.820 has been approved <br>and is in effect, any unissued bonds of the issue for highways, bridges and tunnels, as <br>proposed by KRS 177.580 to 177.630, approved and authorized by the voters at the <br>election held on November 6, 1956, as aforesaid, may be sold and issued by the <br>commission, at one (1) time or from time to time, in strict conformity with all provisions <br>of said KRS 177.580 to 177.630, with the sole exception that pursuant to the voters' <br>authorization and approval of KRS 177.700 to 177.820, the heretofore prevailing interest <br>rate limitation of three percent (3%) per annum may be disregarded and any or all of said <br>bonds may be sold and issued to bear any interest rate or not exceeding the then <br>prevailing maximum rate as prescribed by statute in and for the Commonwealth <br>generally. Effective: June 16, 1960 <br>History: Created 1960 Ky. Acts ch. 106, sec. 10, effective June 16, 1960.
