All contracts, bonds, franchises, and other obligations of a participating city and the county in existence on the effective date of a unified local government shall continue in force and effect as obligations of the unified local government, and the unified local government shall succeed to all rights and entitlements thereunder. All conflicts in the provisions of the contracts, bonds, franchises, or other obligations shall be resolved in a manner that does not impair the rights of any of the parties.
Effective: July 12, 2006
History: Created 2006 Ky. Acts ch. 246, sec. 14, effective July 12, 2006.