KRS 333.070: Duration of license -- Fees.

A medical laboratory license shall be valid for the calendar year for which it is issued.

The cabinet shall promulgate administrative regulations to establish fees, not to exceed

the administrative costs to the program, for the initial application for a li cense and license

renewal. The license shall be renewable upon expiration and reapplication accompanied

by the annual renewal fee. Fees collected by the cabinet shall be deposited in the State

Treasury and credited to a revolving fund account for the pur pose of carrying out the

provisions of this chapter. The balance of said account shall lapse to the general fund at

the end of each biennium.