KRS 18A.252: Inviolability of employee deferred compensation contributions to trust

fund.

The contributions to the trust fund of participants' deferred compensation represent

private employee contributions. The assets and earnings of the trust fund shall at all ti mes

be preserved, invested, and expended solely for the purposes of the trust and shall be held

in trust for the exclusive benefit of the participants and beneficiaries, and no right or

interest therein shall exist in favor of the Commonwealth. The assets and earnings shall

not be transferred or used by the Commonwealth for any purposes other than the purposes

of the trust fund.