Statutes, codes, and regulations
Kentucky Revised Statutes
Title 15 - ROADS, WATERWAYS, AND AVIATIONChapter 181 - COUNTY AND CITY BRIDGES, TUNNELS, AND FERRIES
BRIDGES AND TUNNELS
Section 181.730 - Application of, and lien on, proceeds of bonds

Ky. Rev. Stat. § 181.730

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Current through 2024 Ky. Acts ch.225
Section 181.730 - Application of, and lien on, proceeds of bonds

All money received from the sale of bonds issued under KRS 181.660 to 181.720 shall be applied solely to the payment of the cost of the bridge or to the appurtenant sinking fund, and the holders of the bonds or the trustee, as provided in KRS 181.740, shall have a lien upon such money until it is so applied.

KRS 181.730

Effective:10/1/1942
Recodified 1942 Ky. Acts ch. 208, sec. 1, effective10/1/1942, from Ky. Stat. sec. 3235g-18.