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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) All bonds issued under the provisions of KRS 180.070 shall be sold to the highest and best bidder after having been advertised.
(2) In advertising for bids for the bonds it shall not be necessary to state the exact face amount of the bonds, if the conditions are stated upon which the face amount may be determined prior to the delivery of the bonds.
(3) Bids may be invited at the same time for the bonds of more than one (1) bridge project, and a bid may cover more than one (1) project.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XV. Roads, Waterways, and Aviation § 180.140.Bonds to be advertised and sold to highest bidder - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-xv-roads-waterways-and-aviation/ky-rev-st-sect-180-140/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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