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Code · Kentucky · Chapter 67 — County government (fiscal courts and county commissioners)

67.535 Refunding bonds authorized -- Manner of issuance.

58 words·~1 min read·/ky/chapter-67/67-535

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

The county buildings commission may issue refunding bonds for the purpose of providing funds for the payment of any outstanding bonds, in accordance with the proceedings 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 which are refunded.
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