106.180 Authority to provide for administration and security of bondholders.
47 words·~1 min read·
/ky/chapter-106/106-180A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The water district commissioners of a water district may provide by resolution or the city legislative body may provide by ordinance such provisions and stipulations for the administration of the income and revenues of the waterworks and for the security of the bondholders as it deems necessary.