{"data":{"id":"us-ky/krs-181.710","jurisdiction":"us-ky","citation":"KRS 181.710","heading":"Additional bonds may be issued -- Effect of surplus.","body":"(1) If the proceeds of the bonds are less than the cost of the bridge, additional bonds\nmay be issued in the same manner to provide the amount of the deficit, and unless\notherwise provided in the trust indenture, shall be deemed to be of the same issue\nand shall be entitled to payment from the same fund without preference or priority\nof the bonds first issued for the same bridge.\n(2) If the proceeds of the bonds exceed the cost of the bridge, the surplus shall be paid\ninto the fund for the payment of principal and interest of the bonds.","path":["KRS Chapter 181"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=5645","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:33Z","sha256":"4a91aef0d00ce40f0f0ba6d00aa193180a75974c401a315c30ccdec46be6132b","source_id":"us-ky","stale":false,"prev":"us-ky/krs-181.700","next":"us-ky/krs-181.720"},"notice":"GroundRules: Original legal text. Not legal advice."}