Kentucky Statutes 211.460 – Disposition of funds
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Funds appropriated for the purpose of the rural Kentucky dental scholarship fund, and sums received as a result of violations of service agreements shall be placed in the State Treasury to the credit of a trust or agency fund for the purpose of carrying out the provisions of KRS § 211.405 to KRS § 211.460. Provided, however, that any sums in excess of fifty thousand dollars ($50,000) at the end of each biennium shall revert to the general fund.
Effective: June 19, 1958
History: Created 1958 Ky. Acts ch. 35, sec. 7, effective June 19, 1958.
Effective: June 19, 1958
Terms Used In Kentucky Statutes 211.460
- Biennium: means the two (2) year period commencing on July 1 in each even- numbered year and ending on June 30 in the ensuing even-numbered year. See Kentucky Statutes 446.010
- 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: Created 1958 Ky. Acts ch. 35, sec. 7, effective June 19, 1958.