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Current as of January 01, 2024 | Updated by FindLaw Staff
(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.
Cite this article: FindLaw.com - Kentucky Revised Statutes Title XXVI. Occupations and Professions § 329A.030.Revolving fund - last updated January 01, 2024 | https://codes.findlaw.com/ky/title-xxvi-occupations-and-professions/ky-rev-st-sect-329a-030/
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