All license and certificate fees and charges collected by the commissioner under the provisions of KRS § 198B.550 to KRS § 198B.630 and the rules and regulations of the commissioner adopted hereunder, shall be paid to the State Treasury and credited to a trust and agency fund to be used by the commissioner’s office in carrying out the provisions of KRS § 198B.550 to KRS § 198B.630. Any money in the trust and agency fund at the end of the fiscal year shall lapse to the general fund of the Commonwealth.
Effective: July 15, 2010
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Terms Used In Kentucky Statutes 198B.615

  • Commissioner: means the commissioner of the department. See Kentucky Statutes 198B.010
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010

History: Amended 2010 Ky. Acts ch. 24, sec. 283, effective July 15, 2010. — Created
1984 Ky. Acts ch. 383, sec. 14, effective July 13, 1984.

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