KRS 304.2-300: Examination expense revolving fund.

(1) There is created in the State Treasury the "Examination Expense Revolving fund"

for the use of the department. The commissioner shall promptly deposit all funds

received under a statute requiring examination expenses to be paid by the party

examined and deposited with the State Treasurer to the credit of the fund.

(2) Moneys for travel, per diem, compensation and other necessary and authorized

expenses incurred by an examiner or other department representative in the

examination of any person required to pa y, and making payment of, the expense of

examination pursuant to KRS 304.2 -290 shall be paid out of the examination

expense revolving fund, upon approval of the commissioner.

(3) Moneys for travel and other necessary expenses assessed pursuant to KRS 304.8 -

190 shall be paid out of the examination expense revolving fund upon approval of

the commissioner.

(4) If any amount in the revolving fund remains unexpended at the end of any fiscal

year, that amount shall not lapse, but shall remain credited to the acco unt and may

be used during the succeeding year or years.