The city may issue new bonds to provide funds for the payment of any outstanding bonds, in accordance with the procedure prescribed by KRS § 96.350 to KRS § 96.510. The new bonds shall be secured to the same extent and shall have the same source of payment as the bonds refunded.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. secs. 2741L-13, 2741L-35.