350.512 Office of the Reclamation Guaranty Fund -- Duties of executive director.

168 words·~1 min read·/ky/chapter-350/350-512

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(1)The Governor shall establish an Office of the Reclamation Guaranty Fund and

appoint an executive director to manage its affairs. The executive director shall

serve at the pleasure of the Governor and have all the authority to hire staff, contract

for necessary services, and implement the collection of fees and assessments set

forth by the commission.

(2)The executive director shall be responsible for:

(a)Collecting and depositing into the fund all fees submitted by permittees;

(b)Assessing permit eligibility of permittees for late payment or nonpayment of

fees, in accordance with KRS 350.515 and 350.518;

(c)Compiling information about permittees for use by the commission in

assigning or revising classifications and fees;

(d)Paying moneys out of the fund as authorized by the commission;

(e)At each meeting of the commission, reporting to the same, the status of the

fund and activities of the fund's executive director; and

(f)Performing other administrative functions as are necessary to carry out the

purposes of KRS 350.500 to 350.521.