309.306 Fees credited to revolving fund.
104 words·~1 min read·
/ky/chapter-309/309-306A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)All fees and other moneys received by the board under the provisions of KRS
309.300 to 309.319 shall be deposited in the State Treasury to the credit of a
revolving fund for the use of the board.
(2)No part of this revolving fund shall revert to the general fund of this
Commonwealth.
(3)This revolving fund shall pay for the reimbursement of board members for actual
and necessary expenses incurred in the performance of their official duties, the
compensation of all of the employees of the board, and those operational expenses
incurred in fulfilling the board's duties as described in administrative regulation.