{"data":{"id":"us-ky/krs-41.400","jurisdiction":"us-ky","citation":"KRS 41.400","heading":"Child victims' trust fund -- Limitation on disbursement.","body":"(1) The child victims' trust fund is created as a separate fund in the office of the State\nTreasurer. The fund shall be expended only as provided in this section.\n(2) The State Treasurer shall credit to the trust fund all amounts received for this\npurpose and any amounts received under KRS 141.440.\n(3) The State Treasurer shall invest trust fund money in the same manner as surplus\nfunds are invested. Earnings shall be credited to the trust fund.\n(4) Until the total amount of assets in the trust fund exceeds twe nty million dollars\n($20,000,000), not more than one -half of the money contributed to the trust fund\neach year, plus the earnings credited to the trust fund during the previous fiscal year,\nand the money earned by the sale of child victims' trust fund lice nse plates pursuant\nto KRS Chapter 186, shall be available for disbursement upon the authorization of\nthe state board as provided in KRS 15.935. After such time that the State Treasurer\ncertifies that the assets in the trust fund exceed twenty million doll ars\n($20,000,000), only the earnings credited to the trust fund shall be available for\ndisbursement upon the authorization of the state board as provided in KRS 15.935.\n(5) Funds granted or funds received as gifts or donations to the child victims' trust f und\nshall be available for disbursement upon appropriation by the General Assembly,\nand funds authorized for expenditure shall not be considered assets for purposes of\nsubsection (4) of this section.","path":["KRS Chapter 41"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=21930","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:01Z","sha256":"b0447d55b1a005c7d5669929435e9bd10dbedfae7eddaa6b88bd6274201b6323","source_id":"us-ky","stale":false,"prev":"us-ky/krs-41.390","next":"us-ky/krs-41.410"},"notice":"GroundRules: Original legal text. Not legal advice."}
