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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) On and after March 31, 2025, until June 30, 2030, if at the end of any fiscal year the moneys and securities to the credit of the Commonwealth's property and casualty insurance fund exceed one hundred million dollars ($100,000,000), that excess shall be transferred to the general fund.
(2) On and after July 1, 2030, if at the end of any fiscal year the moneys and securities to the credit of the Commonwealth's property and casualty insurance fund exceed ten million dollars ($10,000,000), that excess shall be transferred to the general fund.
(3) The moneys and securities to the credit of the Commonwealth's property and casualty insurance fund shall not be used for any purpose unrelated to fund operations.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title VII. Public Property and Public Printing § 56.180.Use of fund; disposition of excess - last updated January 01, 2025 | https://codes.findlaw.com/ky/title-vii-public-property-and-public-printing/ky-rev-st-sect-56-180/
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