2014 Kentucky Revised Statutes CHAPTER 45A - KENTUCKY MODEL PROCUREMENT CODE 45A.600 Purchase of handgun by state employee upon retirement -- Use of proceeds from sale.
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45A.600 Purchase of handgun by state employee upon retirement -- Use of
proceeds from sale.
(1)
(2)
(3)
(4)
Upon his retirement from state employment, a state employee to whom a
handgun has been issued during the course of his employment may purchase
the handgun which was issued to him during the course of his employment.
The purchase price shall be the fair market value determined by the Finance
and Administration Cabinet, Division of Personal Property. The proceeds from
the sale of the handgun shall be deposited to the credit of an agency account
for the issuing agency and shall be used for the purpose of purchasing
replacement firearms.
The employee desiring to purchase the handgun issued to him shall notify the
head of the issuing agency of such intention not less than thirty (30) days prior
to the scheduled date of his retirement.
This statute shall supersede other state laws with regard to the disposition of
state property for the purpose stated in this section and for no other purpose.
Effective:July 15, 1986
History: Created 1986 Ky. Acts ch. 58, sec. 1, effective July 15, 1986.
Legislative Research Commission Note. Acts 1986, ch. 58, 2 provides: KRS
45A.600 shall be retroactive to January 1, 1985. An employee who retired on or
after January 1, 1985 may, within sixty (60) days after July 15, 1986 apply to the
agency from which he retired to purchase the handgun which was issued to him
subject to the conditions of subsection (2) of KRS 45A.600 and the availability of
the handgun.
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