329A.030 Revolving fund.

145 words·~1 min read·/ky/chapter-329a/329a-030

A 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 pursuant to the provisions of KRS

329A.010 to 329A.090 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)The revolving fund may be used to pay for:

(a)The compensation and reimbursement of board members for actual and

necessary expenses incurred in the performance of official duties;

(b)The compensation of all of the employees of the board;

(c)Those operational and capital expenses incurred in fulfilling the board's duties

as described in KRS 329A.010 to 329A.090 and in administrative regulations;

and

(d)The development or sponsorship of at least six

(6)hours of continuing

education courses annually, to be conducted in various areas of the state.