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Kentucky · Snapshot 09/05/2026

KRS 175.610: Transfer of turnpike to highway system after retirement of bonds.

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Where this section sits in the code
  1. KRS Chapter 175

Except as hereinafter provided in this section, when all bonds issued under the provisions

of this chapter in connection with any turnpike project or projects and the interest thereon

shall have been paid or a sufficient amount for the payment of all such bonds and the

interest thereon to the maturity thereof shall have been set aside in trust for the benefit of

the bondholders, such project or projects, if then in good condition and repair, shall be

conveyed by the authority to the Commonwealth and shall b ecome part of the state

highway system and shall thereafter be maintained by the department free of tolls;

provided, however, that the department may, in any proceedings or trust indenture

authorizing or securing bonds under the provisions of this chapter, provide for combining

for financing purposes any two (2) or more turnpike projects theretofore constructed or

thereafter to be constructed, and for the reimposition or continuance of tolls on each such

turnpike project until all such bonds and the interes t thereon shall have been paid or a

sufficient amount for such purposes shall have been set aside in trust for the benefit of the

bondholders.

Collected 2026-09-05T20:51:26Z. Source file · JSON

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