{"data":{"id":"us-ky/krs-230.374","jurisdiction":"us-ky","citation":"KRS 230.374","heading":"Payments to Kentucky Racing Health and Welfare Fund, Inc.","body":"All sums reported and paid to the corporation under the provisions of KRS 230.361 to\n230.373, with the exception of funds paid under KRS 230.3612 and 230.398, shall be\npaid by the co rporation to the Kentucky Racing Health and Welfare Fund, Inc., a\nnonprofit charitable corporation, organized for the benefit, aid, assistance, and relief of\nThoroughbred owners, trainers, jockeys, valets, exercise riders, grooms, stable attendants,\npari-mutuel clerks, and other Thoroughbred racing personnel employed in connection\nwith racing, and their spouses and children, who can demonstrate their need for financial\nassistance connected with death, illness, or off -the-job injury and are not otherwise\ncovered by union health and welfare plans, workers' compensation, Social Security,\npublic welfare, or any type of health, medical, death, or accident insurance. These sums\nshall be paid on or before December 31 in each year, however, no payments shall be\nmade by the corporation to the Kentucky Racing Health and Welfare Fund, Inc., unless\nthe corporation and the Auditor of Public Accounts are satisfied that the fund is in all\nrespects being operated for the charitable and benevolent purposes as set forth in thi s\nsection and that no part of the funds paid to the fund by the corporation or any net\nearnings of the fund inure to the benefit of any private individual, director, officer, or\nmember of the fund or any of the persons who turned over sums to the corporati on\nrepresenting unclaimed pari-mutuel tickets.","path":["KRS Chapter 230"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=56638","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:52:46Z","sha256":"662409de88a1e5adc302670af87b5ae1d1de96b5c97b09923a7238eef6f63ef5","source_id":"us-ky","stale":false,"prev":"us-ky/krs-230.373","next":"us-ky/krs-230.375"},"notice":"GroundRules: Original legal text. Not legal advice."}
