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Code · Kentucky · Chapter 106 — Acquisition of waterworks by cities and water districts

106.150 Funding bonds.

50 words·~1 min read·/ky/chapter-106/106-150

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The water district or city may issue new bonds to provide funds for the payment of any outstanding bonds, in accordance with the procedure prescribed by this chapter. The new bonds shall be secured to the same extent and shall have the same source of payment as the bonds refunded.
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