Ky. Rev. Stat. § 56.130

Current through 2024 Ky. Acts ch.225
Section 56.130 - Insufficient amount in fund

If there is not in the account of the state fire and tornado insurance fund an amount sufficient to cover the damage, the State Treasurer shall debit the fund only with the amount actually to its credit at the time, and shall continue, subject to prior claims, to debit the fund by the amount of each ensuing credit to the fund, until the total damage is covered. No payments shall be made on account of such damage to any agency of the state in excess of the amount debited against the fund at the time of payment.

KRS 56.130

Effective:10/1/1942
Recodified 1942 Ky. Acts ch. 208, sec. 1, effective10/1/1942, from Ky. Stat. sec. 4636-29.