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184.300 Parties in action to foreclose lien -- Application of proceeds -- Pleadings -- Purchase at sale by district.

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184.300 Parties in action to foreclose lien -- Application of proceeds -- Pleadings -- Purchase at sale by district. In any action to foreclose its lien brought by the road district or by any bondholder, it <br>shall not be necessary to make the other bondholders parties. The proceeds of the suit <br>shall be paid to the treasurer of the district and by him applied to the redemption of <br>matured bonds as if the payment had been made without suit. In such a suit, an allegation <br>in substance that the improvement of the road had been duly made and completed and <br>such assessment levied therefor and bonds for unpaid portion of the cost had been issued <br>pursuant to resolutions and proceedings duly adopted and had by the board of directors in <br>accordance with law, shall be a sufficient pleading of such resolutions and proceedings <br>without setting the same out in full or making further reference thereto. The road district <br>is hereby authorized to bid an amount not in excess of its lien and costs for any property <br>sold in such suit. History: Created 1942 Ky. Acts ch. 65, sec. 28.