106.150 Funding bonds.

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106.150 Funding bonds. The water district or city may issue new bonds to provide funds for the payment of any <br>outstanding bonds, in accordance with the procedure prescribed by this chapter. The new <br>bonds shall be secured to the same extent and shall have the same source of payment as <br>the bonds refunded. Effective: June 17, 1954 <br>History: Created 1954 Ky. Acts ch. 18, sec. 15, effective June 17, 1954.