If any district has previously issued bonds secured entirely or partially by the right to levy an assessment as provided by KRS § 76.340 to KRS § 76.365, both inclusive, and such bonds are redeemed prior to maturity, bonds to refund same may be issued secured solely by the revenue of said systems in the manner provided in KRS § 76.366.
Effective: June 19, 1958
History: Created 1958 Ky. Acts ch. 162, sec. 1, effective June 19, 1958.