State Codes and Statutes

Statutes > Kentucky > 096-00 > 710

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96.710 Remedies of holders of bonds. Any holder or holders of bonds issued pursuant to KRS 96.550 to 96.900, including a <br>trustee or trustees for holders of such bonds, shall have the right, in addition to all other <br>rights: <br>(1) By action in court, to enforce his or their rights against the board, and any other proper officer, agent or employee, including, but without limitation, the right to <br>require the board, and any proper officer, agent or employee thereof, to fix and <br>collect rates and charges adequate to carry out any agreement as to, or pledge of, <br>electric plant revenues, and to require the board and any officer, agent or employee <br>thereof to carry out any other covenants and agreements and to perform its and their <br>duties under KRS 96.550 to 96.900; and (2) By action in equity to enjoin any act or thing which may be unlawful or a violation of the rights of such holder of bonds. History: Created 1942 Ky. Acts ch. 18, sec. 12.

State Codes and Statutes

Statutes > Kentucky > 096-00 > 710

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96.710 Remedies of holders of bonds. Any holder or holders of bonds issued pursuant to KRS 96.550 to 96.900, including a <br>trustee or trustees for holders of such bonds, shall have the right, in addition to all other <br>rights: <br>(1) By action in court, to enforce his or their rights against the board, and any other proper officer, agent or employee, including, but without limitation, the right to <br>require the board, and any proper officer, agent or employee thereof, to fix and <br>collect rates and charges adequate to carry out any agreement as to, or pledge of, <br>electric plant revenues, and to require the board and any officer, agent or employee <br>thereof to carry out any other covenants and agreements and to perform its and their <br>duties under KRS 96.550 to 96.900; and (2) By action in equity to enjoin any act or thing which may be unlawful or a violation of the rights of such holder of bonds. History: Created 1942 Ky. Acts ch. 18, sec. 12.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 096-00 > 710

Download pdf
Loading PDF...


96.710 Remedies of holders of bonds. Any holder or holders of bonds issued pursuant to KRS 96.550 to 96.900, including a <br>trustee or trustees for holders of such bonds, shall have the right, in addition to all other <br>rights: <br>(1) By action in court, to enforce his or their rights against the board, and any other proper officer, agent or employee, including, but without limitation, the right to <br>require the board, and any proper officer, agent or employee thereof, to fix and <br>collect rates and charges adequate to carry out any agreement as to, or pledge of, <br>electric plant revenues, and to require the board and any officer, agent or employee <br>thereof to carry out any other covenants and agreements and to perform its and their <br>duties under KRS 96.550 to 96.900; and (2) By action in equity to enjoin any act or thing which may be unlawful or a violation of the rights of such holder of bonds. History: Created 1942 Ky. Acts ch. 18, sec. 12.