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Code · Kentucky · Chapter 309 — Miscellaneous occupations and professions

309.082 Revolving fund for implementation of KRS 309.080 to 309.089.

108 words·~1 min read·/ky/chapter-309/309-082

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(1)All license, certificate, and registration fees, charges, and fines, and other moneys
collected by the board under KRS 309.080 to 309.089 and the administrative
regulations of the board, shall be deposited into the State Treasury and credited to a
revolving fund to be used by the board in carrying out KRS 309.080 to 309.089, and
are hereby appropriated for those purposes.
(2)Notwithstanding KRS 45.229, any moneys remaining in the fund at the close of the
fiscal year shall not lapse but shall be carried forward into the succeeding fiscal
year. Any interest earnings of the fund shall become part of the fund and shall not
lapse.
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