(1) There is hereby established in the State Treasury a separate trust and agency account to be known as the “organic certification fund” to be administered by the Department of Agriculture for the purposes provided in this section. Any moneys accruing to this fund in any fiscal year shall not lapse but shall be carried forward to the next fiscal year.
(2) (a) Any moneys deposited in the fund shall be used to provide for a portion of the operating costs of the Organic Agricultural Product Certification Program required under KRS § 260.030;
lawyer at desk

Ask a business law question, get an answer ASAP!
Thousands of highly rated, verified business lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In Kentucky Statutes 260.038

  • Federal: refers to the United States. See Kentucky Statutes 446.010
  • 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
  • Year: means calendar year. See Kentucky Statutes 446.010

(b) Any moneys received from the collection of certification fees from the Organic Agricultural Product Certification Program shall be deposited in the fund; and
(c) The fund may receive state appropriations, gifts, grants, and federal funds.
Effective: July 15, 2002
History: Created 2002 Ky. Acts ch. 209, sec. 1, effective July 15, 2002.

  Previous section
Next section  
 Chapter 260 Contents