A Kentucky Motion to Incur Additional Debt for Purchase of Vehicle is a motion filed in the state of Kentucky to authorize the government, a political subdivision, or a corporation to borrow money for the purpose of purchasing a vehicle. The motion must be approved by the Kentucky Legislature before any debt can be incurred. There are three types of Kentucky Motion to Incur Additional Debt for Purchase of Vehicle: 1) general purpose (for purchasing a vehicle for general use); 2) capital purpose (for purchasing a vehicle for a specific project); and 3) lease-purchase (for purchasing a vehicle through a lease-purchase agreement). The motion must include the purpose of the debt, the amount of money to be borrowed, the term of the loan, and the security to be provided.
Kentucky Motion to Incur Additional Debt for Purchase of Vehicle
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How to fill out Kentucky Motion To Incur Additional Debt For Purchase Of Vehicle?
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