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Kentucky Revised Statutes Title XV. Roads, Waterways, and Aviation § 180.110.Bonds to be secured by lien on bridge revenues; state not to be obligated

Current as of January 01, 2025 | Updated by Findlaw Staff

(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.

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Cite this article: FindLaw.com - Kentucky Revised Statutes Title XV. Roads, Waterways, and Aviation § 180.110.Bonds to be secured by lien on bridge revenues; state not to be obligated - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xv-roads-waterways-and-aviation/ky-rev-st-sect-180-110/

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