180.090 Bonds may be paid out of tolls -- How tolls may be reduced. - Kentucky Statutes

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180.090 Bonds may be paid out of tolls -- How tolls may be reduced. The department may collect tolls and fix toll rates for a period of time sufficient to pay
off the principal and interest on bonds issued under KRS 180.070. When the bonds
mature, payment shall be made to the holders out of revenue derived from bridges or as
provided in subsection (2) of KRS 180.130. The rate of tolls to be collected, if fixed in
any bonds, shall not be reduced without the consent of the holders of the bonds. Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4356s-5, 4356s-6.