183.660 Application of proceeds of bonds.
61 words·~1 min read·
/ky/chapter-183/183-660A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
All money received from the bonds shall be applied solely for the acquisition, construction, maintenance, expansion, financing or improvement of the airport facilities or air navigation facilities, and the necessary expense of preparing, printing and selling said bonds, or to advance the payment of the interest on the bonds during the first three
(3)years following the date of the bonds.