Ky. Rev. Stat. § 81A.450

Current through Acts Received April 24, 2024
Section 81A.450 - Responsibility for liabilities of annexed area - Uniform taxation

Whenever any unincorporated territory is annexed by a city, the annexing city shall be liable for any indebtedness that is attached to or exists against the territory by reason of the same being then or previously a part of any taxing district, and the annexing city shall assume the liability, so that after annexation the burden of taxation shall be uniform throughout the city.

KRS 81A.450

Effective:7/13/1984
Amended 1984 Ky. Acts ch. 416, sec. 19, effective7/13/1984. -- Created 1980 Ky. Acts ch. 303, sec. 6, effective 7/15/1980.