247.5089 Use of assessment funds.

192 words·~1 min read·/ky/chapter-247/247-5089

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

The funds, including donations from individuals, concerns, corporations, and grants from the state or governmental agencies, shall be used for the purpose of promoting and stimulating, by research, market development and education, the increased use and sale, domestic and foreign, of small grains and small grains products; and for the prevention, modification, or elimination of trade barriers which obstruct the free flow of small grains and small grains products to market. None of these funds shall be used to lobby as defined in KRS 6.611.

The duly certified association receiving the assessment funds shall, upon the advice and consent of the Kentucky Small Grain Promotion Council, use and disburse the same as follows:

(1)The association may first refund to itself therefrom the costs and expenses incurred

in the conduct of the referendum;

(2)The association may spend or disburse the necessary funds therefrom for

administrative costs and expenses, but no more than fifteen percent (15%) of the

funds collected in any marketing year shall be so utilized; and

(3)The balance remaining shall be used for the purposes provided in this section, as

determined by the Kentucky Small Grain Promotion Council.