KRS 164.6027: Suspension of Kentucky rural innovation fund on July 1, 2021 -- Transfer

of all interests to Kentucky enterprise fund.

On July 1, 2021, the Kentucky rural innovation fund shall cease making any further

investments and shall be suspended. All funds, investments, unallocated or

unencumbered balances, rights, contractual rights and obligations, and earned income

retained by the Kentucky rural innovation fund as of June 30, 2021, shall be transferred

to the Kentucky enterprise fund and allocated and invested pursuant to the Kentucky

enterprise fund's statutory mandate as provided in KRS 164.6019, 164.6021, and

164.6023. To the extent any costs are incurred in the transfer of such interests, those costs

may be paid from the funds or from the genera l fund appropriation to the cabinet, as

determined by the cabinet.