{"data":{"id":"us-ky/krs-175.540","jurisdiction":"us-ky","citation":"KRS 175.540","heading":"Trust funds.","body":"All moneys received pursuant to the provisions of this chapter, whether as proceeds from\nthe sale of bonds or as revenues, shall be deemed to be trust funds to be held and applied\nsolely as provided in this chapter. The proceedings or the trust indenture s hall provide\nthat any officer with whom, or any bank or trust company with which, such moneys shall\nbe deposited shall act as trustee of such moneys and shall hold and apply the same for the\npurposes hereof, subject to such regulations as this chapter and such proceedings or trust\nindenture may provide.","path":["KRS Chapter 175"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=5086","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:51:25Z","sha256":"142463c8e84d32c639762df6612a156782e7f64aba77fcadf50745f422f70c45","source_id":"us-ky","stale":false,"prev":"us-ky/krs-175.530","next":"us-ky/krs-175.550"},"notice":"GroundRules: Original legal text. Not legal advice."}