216.190 Refunding bonds.
56 words·~1 min read·
/ky/chapter-216/216-190A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The city may issue refunding bonds for the purpose of providing funds for the payment of any outstanding bonds, in accordance with the procedure prescribed for the issuance of the original bonds. The refunding bonds shall be secured to the same extent and shall have the same source of payment as the bonds that are refunded.