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56.523 Refunding bonds.

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56.523 Refunding bonds. The commission is hereby authorized to provide for the issuance of refunding bonds for <br>the purpose of refunding any bonds outstanding that have been issued at any time under <br>the provisions of KRS 56.520 or for the purpose of refunding any bonds outstanding that <br>have been issued by agencies of the state under the provisions of KRS Chapter 58, <br>including redemption premiums thereon and any interest accrued or to accrue to the date <br>of redemption. The commission is further authorized to issue bonds for the combined <br>purpose of refunding any bonds issued at any time under KRS 56.520 or by state agencies <br>under KRS Chapter 58, including redemption premiums thereon and any interest accrued <br>or to accrue to the date of redemption, and for paying the cost of extensions, <br>improvements, betterments or additions to the project. History: Created 1964 Ky. Acts ch. 7, sec. 4.