KRS 183.670: Receiver.

If there is any default in the payment of principal or interest of any bond, any court having

jurisdiction of the action may appoint a receiver to administer the airport facilities on

behalf of the air board, governmental unit or the Commonwealth with powe r to charge

and collect rates, charges and fees sufficient to provide for the payment of any bonds or

obligations outstanding against the airport facilities, and for the payment of operating

expenses, and to apply the income and revenue in conformity with KRS 183.630 to

183.740.