164A.810 Funds -- Deposit -- Investment -- Purpose.

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164A.810 Funds -- Deposit -- Investment -- Purpose. (1) All moneys received by the mining and minerals trust fund shall be deposited in the State Treasury in a separate account entitled &quot;mining and minerals research.&quot; The <br>Treasurer of the Commonwealth shall, by the 10th day of each month, issue a check <br>to the trustee of the mining and minerals trust fund in an amount equal to the <br>balance of funds in the account at the close of business on the last business day of <br>the preceding month. Idle funds in the account shall be invested, consistent with <br>disbursement requirements, by the Treasurer and investment earnings shall accrue <br>to the state general fund. (2) Moneys deposited in the mining and minerals trust fund in fiscal years 1982-83 and 1983-84 are appropriated for the purposes contained in subsection (1) of KRS <br>164A.820. Effective: July 15, 1982 <br>History: Created 1982 Ky. Acts ch. 260, secs. 2 and 3, effective July 15, 1982.