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2020 Kentucky Revised Statutes
Chapter 106 - Acquisition of waterworks by cities and water districts
106.090 Remedies of bondholders.

Universal Citation: KY Rev Stat § 106.090 (2020)
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106.090 Remedies of bondholders. The waterworks so acquired, together with the extensions and appurtenances, shall remain subject to the statutory lien until the payment in full of the principal and interest of the bonds. Any holder of the bonds or coupons may, by action at law or in equity, protect and enforce the lien and enforce and compel performance of all duties required by this chapter, including the making and collecting of sufficient rates, the segregation of the income and revenue, and the application thereof. Effective: June 17, 1954 History: Created 1954 Ky. Acts ch. 18, sec. 9, effective June 17, 1954.
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