Kentucky Statutes 162.210 – Rights of bondholders to enforce lien
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The school building and appurtenances shall remain subject to the statutory lien provided by KRS § 162.200 until the payment in full of the principal and interest of the bonds. Any holder of the bonds or of any of the coupons may, either at law or in equity, protect and enforce the lien, and may by action enforce and compel performance of all duties required by KRS § 162.150 to KRS § 162.280, including the making and collecting of sufficient rents, the segregation of the income and revenue, and the application thereof.
Effective: July 13, 1990
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 563, effective July
13, 1990. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4421-10.
Effective: July 13, 1990
Terms Used In Kentucky Statutes 162.210
- Action: includes all proceedings in any court of this state. See Kentucky Statutes 446.010
- Lien: A claim against real or personal property in satisfaction of a debt.
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 563, effective July
13, 1990. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 4421-10.