Ky. Rev. Stat. § 16.510

Current through Acts Received April 24, 2024

Section 16.510 - Retirement system established - Fund created

There is hereby created and established:

(1) A retirement system for state police to be known as the "State Police Retirement System" by and in which name it shall, pursuant to the provisions of KRS 16.510 to 16.652, transact all of its business, and shall have the powers and privileges of a corporation; and

(2) A fund, to be known as the "State Police Retirement Fund," which shall consist of all the assets of the system as set forth in KRS 16.555. All assets received in the fund shall be deemed trust funds to be held and applied solely as provided in KRS 16.505 to KRS 16.652.

KRS 16.510

Effective:7/13/2004
Amended 2004, Ky. Acts ch. 36, sec. 2, effective7/13/2004. -- Created 1958 Ky. Acts ch. 94, sec. 2, effective 7/1/1958.