State Codes and Statutes

Statutes > Kentucky > 180-00 > 120

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180.120 Bridges to be united in one project to pay bonds. The department shall unite into one (1) project for financing purposes all or as many <br>bridges to be built or purchased as it deems practicable, so that the tolls and other revenue <br>derived from all of the bridges thus united shall be continued until all of the bonds for the <br>united bridges are paid, and so that all such tolls shall be used for the payment of the <br>principal and interest of all such bonds. But no bridge already purchased or built by or for <br>the state shall be included in such bond issue. The lien of the bonds for any such united <br>project shall be a lien upon the gross tolls and other revenues of all of the bridges in the <br>project. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4356s-18, 4356s-37.

State Codes and Statutes

Statutes > Kentucky > 180-00 > 120

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180.120 Bridges to be united in one project to pay bonds. The department shall unite into one (1) project for financing purposes all or as many <br>bridges to be built or purchased as it deems practicable, so that the tolls and other revenue <br>derived from all of the bridges thus united shall be continued until all of the bonds for the <br>united bridges are paid, and so that all such tolls shall be used for the payment of the <br>principal and interest of all such bonds. But no bridge already purchased or built by or for <br>the state shall be included in such bond issue. The lien of the bonds for any such united <br>project shall be a lien upon the gross tolls and other revenues of all of the bridges in the <br>project. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4356s-18, 4356s-37.

State Codes and Statutes

State Codes and Statutes

Statutes > Kentucky > 180-00 > 120

Download pdf
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180.120 Bridges to be united in one project to pay bonds. The department shall unite into one (1) project for financing purposes all or as many <br>bridges to be built or purchased as it deems practicable, so that the tolls and other revenue <br>derived from all of the bridges thus united shall be continued until all of the bonds for the <br>united bridges are paid, and so that all such tolls shall be used for the payment of the <br>principal and interest of all such bonds. But no bridge already purchased or built by or for <br>the state shall be included in such bond issue. The lien of the bonds for any such united <br>project shall be a lien upon the gross tolls and other revenues of all of the bridges in the <br>project. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 4356s-18, 4356s-37.