Ky. Rev. Stat. § 184.160

Current through 2024 Ky. Acts ch.225
Section 184.160 - Entire assessment due in absence of agreement - Interest - Collection

In all cases where agreements to pay assessments in installments have not been filed within the time limit, the entire amount of the assessment shall be payable in cash. Any assessment not paid within thirty (30) days from the date of notice, shall bear interest at the rate or rates or method of determining rates as the board of directors deems best from the date of the assessment and levy, and shall be collected by suit.

KRS 184.160

Effective:7/15/1996
Amended 1996, Ky. Acts ch. 274, sec. 46, effective7/15/1996. -- Created 1942 Ky. Acts ch. 65, sec. 16.