KRS 56.180: Use of fund -- Disposition of excess.
Where this section sits in the code
- KRS Chapter 56
(1) On and after March 31, 2025, until June 30, 2030, if at the end of any fiscal year the
moneys and securities to the credit of the Commonwealth's property and casualty
insurance fund exceed one hundred million dollars ($100,000,000), that excess shall
be transferred to the general fund.
(2) On and after July 1, 2030, if at the end of any fiscal year the moneys and securities
to the credit of the Commonwealth's property and casualty insurance fund exceed
ten million dollars ($10,000,000), that excess shall be transferred to the general
fund.
(3) The moneys and securities to the credit of the Commonwealth's property and
casualty insurance fund shall not be used for any purpose unrelated to fund
operations.
Collected 2026-09-05T20:49:10Z. Source file · JSON