350.054 Illegal mining and conveyance reclamation fund -- Purpose --

171 words·~1 min read·/ky/350-054

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

Control.

(1)There is established a special fund to be known as the "Illegal Mining and

Conveyance Reclamation Fund" which shall be under the control of the Energy

and Environment Cabinet.

(2)The fund shall consist of all moneys from the sale or forfeiture of all

instrumentalities used in violation of KRS 350.057(3) or 350.060(1).

(3)Moneys in the fund may be used for the following purposes:

(a)To reclaim lands mined without a permit or authorization, as required by

KRS 350.057 or 350.060(1), and not eligible for the abandoned mine

lands reclamation fund; and

(b)To defray all expenses associated with the seizure, storing, and sale of

forfeited property.

(4)Moneys contained in the illegal mining and conveyance reclamation fund shall

be deemed a trust and agency account and shall not lapse.

(5)The cabinet shall have access to and control of the moneys held in the illegal

mining and conveyance reclamation fund, but shall expend the moneys only for

the purposes set forth in subsection

(3)of this section.