There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 220 SANITATION DISTRICTS
220.420 Bondholders' lien -- Enforcement.
Download pdffavor of the holders of the bonds and coupons, to secure payment of the bonds and
coupons. The sanitary works constructed or acquired by the board of directors, together
with any extensions and appurtenances thereto, shall remain subject to the lien until the
payment in full of the principal and interest of the bonds. Any holder of the bonds or
coupons may by proper proceedings protect and enforce the lien, and may by proper
proceedings, including mandamus, compel the performance of all duties required by KRS
220.010 to 220.520, including the making and collection of sufficient rates, the
segregation of the income and revenue and the application thereof. The venue of such
action shall be in the county in which the district or its largest area lies. Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 2062g-42, 2062g-43.
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