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96.680 Revenue bonds not debts of municipality.

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96.680 Revenue bonds not debts of municipality. No holder or holders of any revenue bonds issued under KRS 96.550 to 96.900 shall have <br>the right to compel any exercise of taxing power of the municipality to pay the bonds or <br>the interest thereon. Each revenue bond issued under KRS 96.550 to 96.900 shall recite in <br>substance that the bond, including interest thereon, is payable solely from the revenue <br>pledged to the payment thereof, and that the bond does not constitute a debt of the <br>municipality within the meaning of any statutory or constitutional provision or limitation. History: Created 1942 Ky. Acts ch. 18, sec. 9.