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Kentucky · Snapshot 09/05/2026

KRS 97.180: Bondholders' lien -- Action to enforce.

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Where this section sits in the code
  1. KRS Chapter 97

There shall be a statutory mortgage lien upon the recreational project and necessary

appurtenances acquired through the issuance of bonds, in favor of the holders of the

bonds and the holders of the coupons. The project and appurtenances shall remain subje ct

to the lien until the payment in full of the principal and interest of the bonds. Any holder

of the bonds or coupons may, by action at law or in equity, protect and enforce the lien

and compel performance of all duties required by KRS 97.100 to 97.240, including the

making and collecting of sufficient fees and the segregation and application of the

revenue.

Collected 2026-09-05T20:49:59Z. Source file · JSON

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