{"data":{"id":"us-ky/krs-96.420","jurisdiction":"us-ky","citation":"KRS 96.420","heading":"Receiver.","body":"If there is any default in the payment of the principal or interest of any bond, any court\nhaving jurisdiction of the action may appoint a receiver to administer the waterworks on\nbehalf of the city, with power to charge and collect rates sufficient to pro vide for the\npayment of any bonds or obligations outstanding against the waterworks and for the\npayment of the operating expenses, and to apply the income and revenue in conformity\nwith KRS 96.350 to 96.510 and the ordinance referred to in KRS 96.430.","path":["KRS Chapter 96"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=26231","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:58Z","sha256":"f843d19676ea83f2f68aa7670393fd430c74e01cbafddbb18fffd83ef861c116","source_id":"us-ky","stale":false,"prev":"us-ky/krs-96.410","next":"us-ky/krs-96.430"},"notice":"GroundRules: Original legal text. Not legal advice."}