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Kentucky · Snapshot 09/05/2026

KRS 40.220: "Veterans' Bonus Fund."

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Where this section sits in the code
  1. KRS Chapter 40

(1) The proceeds of all bonds issued and delivered under this chapter shall be deposited

from time to time in the State Treasury and shall be segregated in a special fund,

hereby created, which shall be designated the "Veterans' Bonus Fund." Moneys in

said fun d from time to time shall be disbursed solely for payment of approved

veterans' bonus claims, and for the expenses incurred in issuing such bonds.

Pending disbursement, the same may be invested and reinvested as the State

Property and Buildings Commission may from time to time prescribe; and income

from the investments shall be credited to such fund.

(2) If there shall be an undisbursed balance in said fund after payment of all approved

claims received by the administrator within the time limits established in KRS

40.070, the same shall be transferred to the general fund of the Commonwealth.

Collected 2026-09-05T20:48:59Z. Source file · JSON

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