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KRS 177.378

Use of funds

History: Created 1984 Ky

(1) Any state moneys appropriated to the University of Kentucky under KRS 177.375 to 177.380 shall be used for the operation and management of the transportation center's technical assistance and research programs and for no other purpose.

(2) Funds unexpended at the close of the fiscal year shall not lapse but shall be carried forward to the next fiscal year or biennium, provided, however, that such surplus shall be included in the budget for the center considered and approved for the ensuing period.

Official source: Kentucky General Assembly. Reproduced from public-domain Kentucky statutes; confirm against the official source for the current text. Not legal advice.