Statutes > Kentucky Statutes > CHAPTER 180 STATE BRIDGES, TUNNELS, AND FERRIES > 180.200 Temporary bonds may be issued.

180.200 Temporary bonds may be issued.

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180.200 Temporary bonds may be issued. Pending the preparation of bonds under KRS 180.070 and with the consent of the <br>purchasers thereof, the department may issue temporary bonds of the same face amount, <br>date, maturity, interest rate and other details as the bonds issued under KRS 180.070 <br>except that no coupons need be attached to the temporary bonds. The interest upon the <br>temporary bonds shall be payable under such conditions as the department determines and <br>the temporary bonds shall be exchangeable for bonds issued under KRS 180.070 when <br>prepared and executed. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4356s-22.