Kentucky Statutes 41.110 – Restrictions on withdrawals of money from Treasury
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(1) No public money shall be withdrawn from the Treasury for any purpose other than that for which its withdrawal is proposed in accordance with the Constitution and statutes of the Commonwealth of Kentucky, nor unless it has been appropriated by the General Assembly or is a part of a revolving fund, and has been allotted as provided in KRS § 48.010 to KRS § 48.800, and then only on the warrant of the Finance and Administration Cabinet.
(2) The provisions of this section do not apply to withdrawals of funds from one (1) or more state depositories for immediate redeposit in other state depositories or to funds held in trust for the security of bond holders.
Effective: June 29, 2021
History: Amended 2021 Ky. Acts ch. 155, sec. 4, effective June 29, 2021. — Amended
1982 Ky. Acts ch. 450, sec. 56, effective July 1, 1983. — Amended 1974 Ky. Acts ch.
74, Art. II, sec. 9(1). — Amended 1968 Ky. Acts ch. 119, sec. 3. — Recodified 1942
Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 1992b-36,
4688.
(2) The provisions of this section do not apply to withdrawals of funds from one (1) or more state depositories for immediate redeposit in other state depositories or to funds held in trust for the security of bond holders.
Terms Used In Kentucky Statutes 41.110
- State: when applied to a part of the United States, includes territories, outlying possessions, and the District of Columbia. See Kentucky Statutes 446.010
- Warrant: means a printed or electronic authorization from the Finance and
Administration Cabinet for the Treasurer to issue a check. See Kentucky Statutes 41.010
Effective: June 29, 2021
History: Amended 2021 Ky. Acts ch. 155, sec. 4, effective June 29, 2021. — Amended
1982 Ky. Acts ch. 450, sec. 56, effective July 1, 1983. — Amended 1974 Ky. Acts ch.
74, Art. II, sec. 9(1). — Amended 1968 Ky. Acts ch. 119, sec. 3. — Recodified 1942
Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 1992b-36,
4688.