Kentucky Statutes 41.200 – Warrants negotiable and tax-free
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All warrants heretofore or hereafter issued by the state, whether the date of maturity is fixed or not, are negotiable instruments. No warrant shall be subject to taxation by the state or any subdivision thereof.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 4688a-8.
Effective: October 1, 1942
Terms Used In Kentucky Statutes 41.200
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Warrant: means a printed or electronic authorization from the Finance and
Administration Cabinet for the Treasurer to issue a check. See Kentucky Statutes 41.010
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 4688a-8.