{"data":{"id":"us-ky/krs-251.660","jurisdiction":"us-ky","citation":"KRS 251.660","heading":"Insufficiency of funds to pay approved claims.","body":"In the event the amount in the Kentucky grain insurance fund is insufficient to pay\napproved claims, the unpaid claims shall be deemed a necessary government expense.\nUpon notification from the board of the amount of unpaid claims, the secretary of the\nFinance and Administration Cabinet and the State Treasurer shall make the necessary\ntransfers from any unbudgeted balance of the general fund to pay the unpaid claims. The\ngeneral fund shall be reimbursed from the assessment in accordance with KRS 251.640,\nwith interest at the rate paid on ninety (90) day United States Treasury bills, for any\namounts transferred and paid to claimants under this section. The board shall reimburse\nthe general fund prior to any money from the assessment being deposited into the\nKentucky grain insurance fund.","path":["KRS Chapter 251"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=49429","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:53:05Z","sha256":"2d0c0dfde9ed7b88e8130d642f18c267004b77d200c20e912237af0cc8e6c93a","source_id":"us-ky","stale":false,"prev":"us-ky/krs-251.650","next":"us-ky/krs-251.670"},"notice":"GroundRules: Original legal text. Not legal advice."}