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KENTUCKY STATUTES AND CODES
181.700 Bonds to be lawful investments -- Tax-exempt.
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181.700 Bonds to be lawful investments -- Tax-exempt. (1) The bonds shall be lawful investments of banks, trust companies, trustees, and of commissioners of the sinking fund of municipalities and counties, and shall be
acceptable as security for the deposit of public money. (2) The bonds and the income thereof shall be exempt from taxation. Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3235g-17.
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181.700 Bonds to be lawful investments -- Tax-exempt. (1) The bonds shall be lawful investments of banks, trust companies, trustees, and of commissioners of the sinking fund of municipalities and counties, and shall be
acceptable as security for the deposit of public money. (2) The bonds and the income thereof shall be exempt from taxation. Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3235g-17.
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