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2009 Kentucky Revised Statutes
CHAPTER 181 COUNTY AND CITY BRIDGES, TUNNELS, AND FERRIES
181.710 Additional bonds may be issued -- Effect of surplus.
Download pdfotherwise provided in the trust indenture, shall be deemed to be of the same issue
and shall be entitled to payment from the same fund without preference or priority
of the bonds first issued for the same bridge. (2) If the proceeds of the bonds exceed the cost of the bridge, the surplus shall be paid into the fund for the payment of principal and interest of the bonds. Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 3235g-17.
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