Kentucky Statutes 269.050 – Refunding taxes collected as are other district taxes — Rights of bondholders
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All taxes levied for the payment of refunding bonds shall be collected and collection enforced at the same time, in the same manner, and by the same means, and shall be secured by the same lien as is provided by law for other taxes levied by the district. The holder of any refunding bonds shall have the same rights as were possessed by the holders of the bonds refunded thereby.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. secs. 2380d-4, 2380d-6.
Effective: October 1, 1942
Terms Used In Kentucky Statutes 269.050
- Lien: A claim against real or personal property in satisfaction of a debt.
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. secs. 2380d-4, 2380d-6.