There is a newer version of the Kentucky Revised Statutes
2022
2021
2020
2019
2018
Other previous versions
View our newest version here

2011 Kentucky Revised Statutes
CHAPTER 18A STATE PERSONNEL
18A.252 Inviolability of employee deferred compensation contributions to trust fund.


KY Rev Stat § 18A.252 (1996 through Reg Sess) What's This?
Download pdf

18A.252 Inviolability of employee deferred compensation contributions to trust fund. The contributions to the trust fund of participants' deferred compensation represent private employee contributions. The assets and earnings of the trust fund shall at all times be preserved, invested, and expended solely for the purposes of the trust and shall be held in trust for the exclusive benefit of the participants and beneficiaries, and no right or interest therein shall exist in favor of the Commonwealth. The assets and earnings shall not be transferred or used by the Commonwealth for any purposes other than the purposes of the trust fund. Effective: July 15, 2008 History: Created 2008 Ky. Acts ch. 181, sec. 1, effective July 15, 2008.

Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.