161.330 Cost of administration, how paid -- Office space. - Kentucky Statutes

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161.330 Cost of administration, how paid -- Office space. The cost of administration of the retirement system shall be paid out of the expense fund
established for that purpose by the board of trustees. The board of trustees shall be
responsible for the approval and administration of the expense fund budget, subject to the
limitations imposed by KRS 161.420(1). Expenses for the operation of the retirement
system shall be in such amounts as the board of trustees approves. The board of trustees is
authorized to purchase or lease suitable office quarters for the operation of the retirement
system. Effective: July 13, 1990
History: Repealed and reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 492, effective July 13, 1990. -- Amended 1984 Ky. Acts ch. 253, sec. 4, effective July 1, 1984. --
Amended 1972 Ky. Acts ch. 82, sec. 6. -- Recodified 1942 Ky. Acts ch. 208, sec. 1,
effective October 1, 1942, from Ky. Stat. sec. 4506b-14.