183.135 Power to borrow money.

Download pdf

Loading PDF...


183.135 Power to borrow money. The board may borrow money on its own credit in anticipation of revenue to be derived <br>from taxes, appropriations, or other income. For these purposes, the board may pledge the <br>taxes, appropriations, or income anticipated. The board may pledge the airport and <br>facilities, or any interest in the airport and its facilities, or contract for service from the <br>airport or its facilities, as security for moneys borrowed. Effective: July 15, 1996 <br>History: Amended 1996 Ky. Acts ch. 274, sec. 44, effective July 15, 1996. -- Amended 1968 Ky. Acts ch. 83, sec. 2. -- Created 1960 Ky. Acts ch. 179, sec. 35.