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Kentucky · Snapshot 09/05/2026

KRS 309.408: Revolving fund -- Purposes.

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Where this section sits in the code
  1. KRS Chapter 309

(1) All fees and other moneys received by the board pursuant to KRS 309.400 to

309.422 shall be deposited in the State Treasury to the credit of a revolving fund

which is hereby established. Amounts in the fund shall be used for the purposes set

forth in KRS 309.400 to 309.422.

(2) Notwithstanding KRS 45.229, any moneys remaining in the fund at the close of the

fiscal year shall not lapse but shall be carried forward to the next fiscal year to be

used by the board for the purposes set forth in KRS 309.400 to 309.422.

(3) Any interest earnings of the fund shall become part of the fund and shall not lapse.

(4) The expenses of the board shall be paid from this revolving fund.

(5) Moneys deposited in the fund shall be used and are hereby appropriated for the

purposes specified in KRS 309.400 to 309.422.

Collected 2026-09-05T20:58:02Z. Source file · JSON

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