164.7877 Kentucky educational excellence scholarship trust fund -- Funding
104 words·~1 min read·
/ky/164-7877A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
sources, including lottery revenues.
(1)There is established in the State Treasury a permanent and perpetual fund to be
known as the "Wallace G. Wilkinson Kentucky Educational Excellence Scholarship
Trust Fund" to which shall be credited net lottery revenues transferred in accordance
with KRS 154A.130; gifts; bequests; endowments; grants from the United States
government, its agencies, and instrumentalities; and funds received from any other
sources, public or private.
(2)The moneys in the fund are hereby continuously appropriated only for the purposes
set forth in KRS 164.7871 to 164.7885 and KRS 164.7889.
(3)The authority shall administer the Kentucky educational excellence scholarship trust
fund.