(1) No public money shall be withdrawn from the Treasury for any purpose other than that for which its withdrawal is proposed in accordance with the Constitution and statutes of the Commonwealth of Kentucky, nor unless it has been appropriated by the General Assembly or is a part of a revolving fund, and has been allotted as provided in KRS 48.010 to 48.800, and then only on the warrant of the Finance and Administration Cabinet.
(2) The provisions of this section do not apply to withdrawals of funds from one (1) or more state depositories for immediate redeposit in other state depositories or to funds held in trust for the security of bond holders.