Ky. Rev. Stat. § 164A.375
Current through 2024 Ky. Acts ch.225
The assets of the trust, including the program fund, shall at all times be preserved, invested and expended solely and only for the purposes of the trust and shall be held in trust for the participants and beneficiaries and no property rights therein shall exist in favor of the Commonwealth. The assets shall not be transferred or used by the Commonwealth for any purposes other than the purposes of the trust.
KRS 164A.375
Amended 2000, Ky. Acts ch. 382, sec. 10, effective7/14/2000. -- Created 1988 Ky. Acts ch. 88, sec. 16, effective 7/15/1988.