§ 80-2019 — Revenue bonds; maturity; interest

Any revenue bonds issued under the terms of this act shall mature serially or otherwise within a maximum period of forty (40) years from the date of issue, and shall bear interest at a rate not to exceed the maximum rate of interest prescribed by K.S.A. 10-1009, and the provisions of K.S.A. 10-112 and K.S.A. 10-113 shall not apply to revenue bonds issued under the provisions of this act.

Legislative History

L. 1941, ch. 399, § 19; L. 1968, ch. 135, § 3; L. 1970, ch. 64, § 97; L. 1978, ch. 99, § 41; April 25.