Kentucky Statutes 181.040 – Tolls may be charged — Use of tolls to retire bonds
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In lieu of levying a tax for the retirement of such bonds any such county may, in its discretion, collect tolls for the use of the bridge or tunnel, and all tolls collected, after payment of the necessary cost of collection and maintenance, shall be paid to the county treasurer, and shall be kept in a separate fund and used solely for paying the principal and interest on the bonds.
Effective: October 1, 1942
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 938p-3.
Effective: October 1, 1942
Terms Used In Kentucky Statutes 181.040
- Bridge: includes the bridge and the approaches thereto. See Kentucky Statutes 181.010
History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky.
Stat. sec. 938p-3.