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 96.510. The new bonds shall be secured to the same extent and shall have the same source of payment as the bonds refunded.
KRS 96.470
Refunding bonds
Effective: October 1, 1942 History: Recodified 1942 Ky
Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.