Statutes > Kentucky Statutes > CHAPTER 96 UTILITIES IN CITIES > 96.470 Refunding bonds.

96.470 Refunding bonds.

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96.470 Refunding bonds. The city may issue new bonds to provide funds for the payment of any outstanding bonds, <br>in accordance with the procedure prescribed by KRS 96.350 to 96.510. The new bonds <br>shall be secured to the same extent and shall have the same source of payment as the <br>bonds refunded. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 2741L-13, 2741L-35.