{"data":{"id":"us-ky/krs-304.2-420","jurisdiction":"us-ky","citation":"KRS 304.2-420","heading":"Transfer of funds to insurance regulatory trust fund to cover deficiency.","body":"When there exists in the insurance regulatory trust fund a deficiency which would render\nsuch fund insufficient to meet the department's funding requirements, the secretary of the\nFinance and Administration Cabinet may order a transfer of moneys from another fund in\nthe State Treasury to the insurance regulatory trust fund in order to meet the deficiency\nwithout resorting to the necessity of borrowing money and paying interest thereon. The\nfund from which any moneys are transferred shall be repaid the amou nt transferred from\nit not later than the end of the biennium in which such transfer is made, the date of\nrepayment to be specified in the order of the secretary of the Finance and Administration\nCabinet.","path":[],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=16693","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:57:37Z","sha256":"77425f6035f047ddb1069e73c1d751de2d62db44a48fc0306cf01ce6bc8d2b56","source_id":"us-ky","stale":false,"prev":"us-ky/krs-304.2-410","next":"us-ky/krs-304.2-430"},"notice":"GroundRules: Original legal text. Not legal advice."}
