78.630 System's assets.
69 words·~1 min read·
/ky/chapter-78/78-630A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Except as provided by KRS 61.701, all of the assets of the system shall be held in the county employees' retirement fund and credited, according to the purpose for which they are held, to one
(1)of three
(3)accounts, namely, the members' account, the retirement allowance account, and accounts established pursuant to 26 U.S.C. sec. 401(h) within the funds established in KRS 78.520, as prescribed by KRS 78.5536(3)(b).