2012 Kentucky Revised Statutes CHAPTER 311B MEDICAL IMAGING, RADIATION THERAPY, AND RELATED OCCUPATIONS 311B.130 Trust and agency fund for administration of chapter.
Download as PDF
311B.130 Trust and agency fund for administration of chapter.
(1)
(2)
(3)
(4)
(5)
On behalf of the board, the executive director shall receive and account for all
moneys collected pursuant to the provisions of this chapter, or the administrative
regulations promulgated pursuant to this chapter, and shall deposit all such moneys
into the State Treasury, to be credited to a trust and agency fund which is hereby
created for the purpose of defraying the costs and expenses of the administration of
this chapter in the manner provided for other similar licensure agencies and boards
of the Commonwealth.
These moneys shall be used for the reimbursement of board members for actual and
necessary expenses incurred in the performance of their official duties, the
compensation of all of the employees of the board, and payment of all other
operational expenses incurred in fulfilling the board's duties as described in this
chapter and administrative regulation, and are hereby appropriated for those
purposes.
No part of this fund shall revert to the general fund of the Commonwealth.
Notwithstanding KRS 45.229, any moneys remaining in the fund at the close of the
fiscal year shall not lapse but shall be carried forward into the succeeding fiscal year
to be used for the purposes set forth in this chapter.
Any interest earnings of the fund shall become a part of the fund and shall not lapse.
Effective: July 12, 2012
History: Created 2012 Ky. Acts ch. 50, sec. 13, effective July 12, 2012.
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.
