Kentucky Statutes 174.070 – Funds, credits, assets, etc., transferred to cabinet
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All funds, credits, assets, appropriations, outstanding obligations, personnel, equipment, any and all resources or other tangible personal property and any business or other matter undertaken or now vested in the Department of Highways, Department of Motor Transportation, Department of Aeronautics, Department of Public Safety, Department of Revenue, relating to functions transferred under 1974 Acts ch. 74, are hereby transferred and vested in the cabinet.
History: Created 1974 Ky. Acts ch. 74, Art. IV, sec. 13.
History: Created 1974 Ky. Acts ch. 74, Art. IV, sec. 13.
Terms Used In Kentucky Statutes 174.070
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- cabinet: means the Transportation Cabinet. See Kentucky Statutes 174.012
- Personal property: All property that is not real property.