Statutes > Kentucky Statutes > CHAPTER 162 SCHOOL PROPERTY AND BUILDINGS > 162.210 Rights of bondholders to enforce lien.

162.210 Rights of bondholders to enforce lien.

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162.210 Rights of bondholders to enforce lien. The school building and appurtenances shall remain subject to the statutory lien provided <br>by KRS 162.200 until the payment in full of the principal and interest of the bonds. Any <br>holder of the bonds or of any of the coupons may, either at law or in equity, protect and <br>enforce the lien, and may by action enforce and compel performance of all duties required <br>by KRS 162.150 to 162.280, including the making and collecting of sufficient rents, the <br>segregation of the income and revenue, and the application thereof. Effective: July 13, 1990 <br>History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 563, effective July 13, 1990. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, <br>from Ky. Stat. sec. 4421-10.