KRS 304.2-400: Insurance regulatory trust fund -- Use.

(1) There is created in the State Treasury a trust fund designated the "Insurance

Regulatory Trust Fund" to which shall be credited all payments received under

KRS 304.4-010.

(2) The moneys so received and deposited in the insurance regulatory trust fund shall

be appropriated for use only by the department to defray the expenses of the

department in discharge of its administrative and regulatory powers and duties as

prescribed by law subject to the applicable laws relating to the appropriation of

state funds an d to the deposit and expenditure of state moneys. The department

shall be responsible for the proper expenditure of these moneys as provided by law.