Ky. Rev. Stat. § 161.530

Current through 2022 Ky. Acts ch. 240
Section 161.530 - Restoration of forfeited account - Exception

Except as provided in KRS 6.696, if a member, whose account has been forfeited under previous provisions of this section, shall return to teaching in a covered position in Kentucky, and reinstates the lost service credit as provided in KRS 161.470(3), the funds transferred from the member's account shall be restored to his account, without interest, and shall be credited against the payment required for reinstatement of service credit.

KRS 161.530

Effective:7/1/1994
Amended 1994 Ky. Acts ch. 369, sec. 11, effective7/1/1994. -- Amended 1993 (1st Extra. Sess.) ch. 4, sec. 81, effective 9/16/1993. -- Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 513, effective 7/13/1990. --Amended 1976 Ky. Acts ch. 351, sec. 12, effective 7/1/1976. -- Amended 1972 Ky. Acts ch. 82, sec. 16. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective 10/1/1942, from Ky. Stat. sec. 4506b-34.