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Kentucky · Snapshot 09/05/2026

KRS 175.790: Bonds secured solely by revenues derived from leasing project to cabinet --

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  1. KRS Chapter 175

Tolls prohibited.

In the event that the authority and the cabinet shall undertake the planning and financing

of any economic development road project, it shall be provided in connection with such

financing that economic development road revenue bonds or notes issued in respect of

any such project shall be secured solely by income and revenues derived from the leasing

by the authority of any such project to the cabinet, and no t olls shall be imposed or

charged for the use by the traveling public of any such projects or for amortization of the

bonds or notes; provided that notes may be issued in anticipation of the issuance of bonds

or renewal notes and be made payable from the proceeds thereof.

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

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