The Kentucky Fire Commission shall calculate and disburse to each district merged after January 1, 2000, but before July 15, 2002, any payments owed the district according to the schedule set out in this section. In order to receive the payment, the trustees of the volunteer fire district shall notify the commission in writing within sixty (60) days of July 15, 2002, that there has been a merger in their jurisdiction within that time. If sufficient funds do not exist to make all the payments at one (1) time owed under the provisions of this subsection, then the available amount shall be prorated evenly and proportionately and disbursed among those merged districts each disbursal cycle until the total amount has been paid to each of those districts. The commission shall not reduce any other payments under KRS 95A.262 to make the payments under this subsection.
KRS 95A.550
Created 2002, Ky. Acts ch. 309, sec. 6, effective7/15/2002.