98.160 Appointment of new commission or continuance of old commission.

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98.160 Appointment of new commission or continuance of old commission. (1) If a commission is in existence at the time a bond issue is authorized, the commission and its successors shall continue any work provided for in KRS 98.040 <br>to 98.170, and shall have all the rights granted to the commission in the first <br>instance. All of its property of every kind shall be vested in it as a corporation and <br>the corporation shall be a continuance of the corporation then existing under any <br>former act of the general assembly theretofore passed. (2) If no commission exists at the time any bond issue is authorized, a new commission may be appointed and the provisions of KRS 98.040 to 98.170 shall apply to each <br>new issue of bonds and to each new commission and the continuance of the work of <br>the commission and to the carrying out of the work of KRS 98.040 to 98.170, the <br>same as in the first instance. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 3037e-12, 3037e-13.