180.110 Bonds to be secured by lien on bridge revenues -- State not to be obligated. - Kentucky Statutes

Download pdf

Loading PDF...

180.110 Bonds to be secured by lien on bridge revenues -- State not to be obligated. (1) The bonds issued under KRS 180.070 and interest thereon shall be secured by a first lien on the gross tolls and other revenues of the bridges for which the bonds were
issued. (2) No bonds issued under KRS 180.070 shall be an obligation of the state, and no lien of any kind shall be given in favor of the bonds upon any bridge or real estate
appurtenant thereto. Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4356s-4, 4356s-17.