KRS 98.160: Appointment of new commission or continuance of old commission.

(1) If a commission is in existence at the time a bond issue is authorized, the

commission and its successors shall continue any work provided for in KRS 98.040

to 98.170, and shall have all the rights granted to the commission in the first

instance. All of it s property of every kind shall be vested in it as a corporation and

the corporation shall be a continuance of the corporation then existing under any

former act of the general assembly theretofore passed.

(2) If no commission exists at the time any bond i ssue is authorized, a new commission

may be appointed and the provisions of KRS 98.040 to 98.170 shall apply to each

new issue of bonds and to each new commission and the continuance of the work of

the commission and to the carrying out of the work of KRS 98.040 to 98.170, the

same as in the first instance.