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324.286 Disposition of fees -- Payment of expenses.
Except for the fees and charges paid by the licensees to the commission and
deposited in the real estate education, research, and recovery fund, all fees and
charges collected by the commission under the provisions of this chapter shall be
paid into the general fund in the State Treasury. All expenses incurred by the
commission under the provisions of this chapter, including compensations to
members, secretaries, clerks, and assistants, except those expenses designated for
payment out of the real estate education, research, and recovery fund, shall be paid
out of the general fund in the State Treasury upon warrants of the secretary for
finance and administration as warrants generally are required to be drawn by the
statutes governing such respective offices from time to time, when vouchers therefor
are exhibited and approved by the commission; provided, that the total expense for
every purpose incurred shall not exceed the total fees, charges, fines, and penalties
imposed under the provisions of this chapter and paid into the State Treasury. All
expenses incurred by the commission and designated for payment out of the real
estate education, research, and recovery fund, including payments to aggrieved
parties and the expenses of carrying on the educational and research requirements
of KRS 324.410, shall be paid out of the real estate education, research, and
recovery fund in the same manner as required in this section for payments out of the
general fund; provided, that the total expenses and payments for every purpose
incurred and designated for payment out of the real estate education, research, and
recovery fund shall not exceed the total fees, charges, and interest received by the
commission and paid into the real estate education, research, and recovery fund of
the State Treasury.
History: Amended 1972 Ky. Acts ch. 51, sec. 7. -- Created 1942 Ky. Acts ch. 184,
sec. 2.
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