KRS 154.20-105: Use of reclamation development fund.

Moneys in the reclamation development fund:

(1) Shall be used to foster reclamation development projects described in a reclamation

development plan submitted to the authority as part of the application for

reclamation development fund moneys, except that no money in the reclamation

development fund shall be used for any reclamation development project until the

reclamation development plan with respect to that project has been approved by the

Energy and Environment Cabinet pursuant to KRS Chapter 350; and

(2) May be made available to any person or entity, public or private, organized for

profit or not for profit; and

(3) Shall be made on the terms and conditions the authority, in its sole discretion,

determines to be reasonable, appropriate, and consistent with the purposes and

objectives of the authority and this chapter, which may include, but not be limited

to, the pledging of adequate security.