Kentucky Statutes 150.610 – Issuance of revenue bonds for purpose of establishing public shooting areas, wildlife refuges, public fishing lakes or other projects — Pledging of revenue — Liens
Current as of: 2024 | Check for updates
|
Other versions
The commissioner of the Department of Fish and Wildlife Resources, with approval of the commission, may call for the issuance of revenue bonds pursuant to the entire terms of KRS § 58.010 through 58.140 for the purpose of establishing public shooting areas, waterfowl or other wildlife refuges, public fishing lakes or the establishment of other projects of public benefit in the interest of fish and game and may unite into one (1) project for financing purposes all revenue as may be pledged by the commissioner. From every source whatsoever these revenues thus united shall be used for the payment of the principal and interest of all bonds which may be issued. Such united receipts, unless otherwise agreed upon by the commissioner and bonding company, shall continue until all bonds issued have been paid in full. The lien of the bonds from such limited project shall be a lien upon the united gross income and revenue as specified in the original terms ascribed to by the commissioner with the concurrence of the commission.
Effective: May 18, 1956
History: Created 1956 Ky. Acts ch. 115, sec. 25, effective May 18, 1956.
Effective: May 18, 1956
Terms Used In Kentucky Statutes 150.610
- Commission: means the Department of Fish and Wildlife Resources Commission. See Kentucky Statutes 150.010
- Commissioner: means the commissioner of the Department of Fish and Wildlife
Resources. See Kentucky Statutes 150.010 - Company: may extend and be applied to any corporation, company, person, partnership, joint stock company, or association. See Kentucky Statutes 446.010
- Department: means the Department of Fish and Wildlife Resources. See Kentucky Statutes 150.010
- Fishing: means to take or attempt to take in any manner, whether the fisherman has fish in possession or not. See Kentucky Statutes 150.010
- Lien: A claim against real or personal property in satisfaction of a debt.
- Waterfowl: means all species of wild ducks, geese, swans, mergansers, and coots. See Kentucky Statutes 150.010
- Wildlife: means any normally undomesticated animal, alive or dead, including without limitations any wild mammal, bird, fish, reptile, amphibian, or other terrestrial or aquatic life, whether or not possessed in controlled environment, bred, hatched, or born in captivity and including any part, product, egg, or offspring thereof, protected or unprotected by this chapter. See Kentucky Statutes 150.010
History: Created 1956 Ky. Acts ch. 115, sec. 25, effective May 18, 1956.