183.670 Receiver. - Kentucky Statutes

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183.670 Receiver. If there is any default in the payment of principal or interest of any bond, any court having
jurisdiction of the action may appoint a receiver to administer the airport facilities on
behalf of the air board, governmental unit or the Commonwealth with power to charge
and collect rates, charges and fees sufficient to provide for the payment of any bonds or
obligations outstanding against the airport facilities, and for the payment of operating
expenses, and to apply the income and revenue in conformity with KRS 183.630 to
183.740. Effective: March 25, 1960
History: Amended 1960 Ky. Acts ch. 179, sec. 44, effective March 25, 1960. -- Created 1945 (1st Extra. Sess.) Ky. Acts ch. 3, sec. 6.