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2016 Kentucky Revised Statutes
CHAPTER 181 - COUNTY AND CITY BRIDGES, TUNNELS, AND FERRIES
.040 Tolls may be charged -- Use of tolls to retire bonds.

KY Rev Stat § .040 (2016) What's This?

Download as PDF 181.040 Tolls may be charged -- Use of tolls to retire bonds. In lieu of levying a tax for the retirement of such bonds any such county may, in its discretion, collect tolls for the use of the bridge or tunnel, and all tolls collected, after payment of the necessary cost of collection and maintenance, shall be paid to the county treasurer, and shall be kept in a separate fund and used solely for paying the principal and interest on the bonds. Effective: October 1, 1942 History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 938p-3.

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