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KRS 198B.710

Revolving fund

Known as the Heating, Ventilation, and Air Conditioning Contractors' Act

The act spans §§ 198B.010 to 198B.991 (145 sections).

Effective: June 8, 2011 History: Amended 2011 Ky

(1) There is established in the State Treasury a revolving fund for the use by the board.

(2) All fees and other money received by the board in accordance with KRS 198B.706, 198B.712, 198B.714, 198B.722, and 198B.724 shall be deposited in the revolving fund established in subsection (1) of this section.

(3) No part of this revolving fund shall revert to the general fund.

(4) The compensation of board members and all of the board's expenses incurred by the board shall be paid from this revolving fund.

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