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150.610 Issuance of revenue bonds for purpose of establishing public shooting areas, wildlife refuges, public fishing lakes or other projects -- Pledging of revenue -- Liens.

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150.610 Issuance of revenue bonds for purpose of establishing public shooting areas, wildlife refuges, public fishing lakes or other projects -- Pledging of <br>revenue -- Liens. The commissioner of the Department of Fish and Wildlife Resources, with approval of <br>the commission, may call for the issuance of revenue bonds pursuant to the entire terms <br>of KRS 58.010 through 58.140 for the purpose of establishing public shooting areas, <br>waterfowl or other wildlife refuges, public fishing lakes or the establishment of other <br>projects of public benefit in the interest of fish and game and may unite into one (1) <br>project for financing purposes all revenue as may be pledged by the commissioner. From <br>every source whatsoever these revenues thus united shall be used for the payment of the <br>principal and interest of all bonds which may be issued. Such united receipts, unless <br>otherwise agreed upon by the commissioner and bonding company, shall continue until <br>all bonds issued have been paid in full. The lien of the bonds from such limited project <br>shall be a lien upon the united gross income and revenue as specified in the original terms <br>ascribed to by the commissioner with the concurrence of the commission. Effective: May 18, 1956 <br>History: Created 1956 Ky. Acts ch. 115, sec. 25, effective May 18, 1956.