13 chapters · 633 sections in this title.
KRS § 177.440 Limited access to turnpikes
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All turnpikes established under the provisions of KRS 177.390 to 177.570 are declared to be limited access facilities, within the meaning and subject to the provisions of KRS 177.220 to 177.310, and KRS 177.990. No right of access to a turnpike shall vest in the holder of adjacen…
KRS § 177.450 Turnpike revenue bonds
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(1) The department is authorized to provide, at one time or from time to time, for the issuance of turnpike revenue bonds of the Commonwealth for the purpose of paying all or any part of the cost of any one or more turnpike projects. The principal of and the interest on the bonds…
KRS § 177.460 Trust agreement to secure bonds -- Rights and remedies of bondholders
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In the discretion of the department, any bonds issued under the provisions of KRS 177.390 to 177.570 may be secured by a trust agreement by and between the department and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or wi…
KRS § 177.470 Bonds not debt of Commonwealth
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Revenue bonds issued under the provisions of KRS 177.390 to 177.570 shall not be deemed to constitute a debt of the Commonwealth or of any political subdivision thereof or a pledge of the faith and credit of the Commonwealth or of any such political subdivision, but such bonds sh…