78.630 Fund assets. - Kentucky Statutes

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78.630 Fund assets. All of the assets of the system shall be held and invested in the county employees'
retirement fund and credited, according to the purpose for which they are held, to one (1)
of three (3) accounts, namely, the members' contribution account, the retirement
allowance account, and accounts established pursuant to 26 U.S.C. sec. 401(h) within the
funds established in KRS 16.510, 61.515, and 78.520, as prescribed by KRS
61.702(2)(b). Effective: June 25, 2009
History: Amended 2009 Ky. Acts ch. 77, sec. 26, effective June 25, 2009. -- Amended 1964 Ky. Acts ch. 49, sec. 7. -- Created 1958 Ky. Acts ch. 167, sec. 13.