Kentucky Statutes 161.530 – Restoration of forfeited account — Exception
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Except as provided in KRS § 6.696, if a member, whose account has been forfeited under previous provisions of this section, shall return to teaching in a covered position in Kentucky, and reinstates the lost service credit as provided in KRS § 161.470(3), the funds transferred from the member’s account shall be restored to his account, without interest, and shall be credited against the payment required for reinstatement of service credit.
Effective: July 1, 1994
History: Amended 1994 Ky. Acts ch. 369, sec. 11, effective July 1, 1994. — Amended
1993 (1st Extra. Sess.) ch. 4, sec. 81, effective September 16, 1993. — Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 513, effective July 13, 1990. — Amended 1976 Ky. Acts ch. 351, sec. 12, effective July 1, 1976. — Amended 1972
Ky. Acts ch. 82, sec. 16. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective
October 1, 1942, from Ky. Stat. sec. 4506b-34.
Effective: July 1, 1994
History: Amended 1994 Ky. Acts ch. 369, sec. 11, effective July 1, 1994. — Amended
1993 (1st Extra. Sess.) ch. 4, sec. 81, effective September 16, 1993. — Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 513, effective July 13, 1990. — Amended 1976 Ky. Acts ch. 351, sec. 12, effective July 1, 1976. — Amended 1972
Ky. Acts ch. 82, sec. 16. — Recodified 1942 Ky. Acts ch. 208, sec. 1, effective
October 1, 1942, from Ky. Stat. sec. 4506b-34.