KRS 314.161: Fees may be set by regulation -- Use and investment of fees.
Where this section sits in the code
- KRS Chapter 314
The board may by regulation set fees to carry out the provisions of this chapter. All fees
received by the board and collected under this chapter shall be deposited with the State
Treasurer of the Commonwealth of Kentucky, who shall place the money to the credit of
the revolving fund of the board. The board may direct the investment of that portion of its
revolving fund not needed to meet current expenses, the earnings from which investments
shall also be credited to the revolving fund of the board. The fun d shall be held subject to
the order of the board, and to be used for meeting necessary expenses incurred in the
performance of the purposes of this chapter and the duties imposed thereby.
Collected 2026-09-05T20:58:10Z. Source file · JSON