Page 1 of 1 161.530 Restoration of forfeited account -- Exception. Except as provided in KRS 6.696, if a member, whose account has been forfeited under <br>previous provisions of this section, shall return to teaching in a covered position in <br>Kentucky, and reinstates the lost service credit as provided in KRS 161.470(3), the funds <br>transferred from the member's account shall be restored to his account, without interest, <br>and shall be credited against the payment required for reinstatement of service credit. Effective: July 1, 1994 <br>History: Amended 1994 Ky. Acts ch. 369, sec. 11, effective July 1, 1994. -- Amended 1993 (1st Extra. Sess.) ch. 4, sec. 81, effective September 16, 1993. -- Repealed and <br>reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 513, effective July 13, 1990. -- <br>Amended 1976 Ky. Acts ch. 351, sec. 12, effective July 1, 1976. -- Amended 1972 <br>Ky. Acts ch. 82, sec. 16. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective <br>October 1, 1942, from Ky. Stat. sec. 4506b-34.
Page 1 of 1 161.530 Restoration of forfeited account -- Exception. Except as provided in KRS 6.696, if a member, whose account has been forfeited under <br>previous provisions of this section, shall return to teaching in a covered position in <br>Kentucky, and reinstates the lost service credit as provided in KRS 161.470(3), the funds <br>transferred from the member's account shall be restored to his account, without interest, <br>and shall be credited against the payment required for reinstatement of service credit. Effective: July 1, 1994 <br>History: Amended 1994 Ky. Acts ch. 369, sec. 11, effective July 1, 1994. -- Amended 1993 (1st Extra. Sess.) ch. 4, sec. 81, effective September 16, 1993. -- Repealed and <br>reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 513, effective July 13, 1990. -- <br>Amended 1976 Ky. Acts ch. 351, sec. 12, effective July 1, 1976. -- Amended 1972 <br>Ky. Acts ch. 82, sec. 16. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective <br>October 1, 1942, from Ky. Stat. sec. 4506b-34.
Page 1 of 1 161.530 Restoration of forfeited account -- Exception. Except as provided in KRS 6.696, if a member, whose account has been forfeited under <br>previous provisions of this section, shall return to teaching in a covered position in <br>Kentucky, and reinstates the lost service credit as provided in KRS 161.470(3), the funds <br>transferred from the member's account shall be restored to his account, without interest, <br>and shall be credited against the payment required for reinstatement of service credit. Effective: July 1, 1994 <br>History: Amended 1994 Ky. Acts ch. 369, sec. 11, effective July 1, 1994. -- Amended 1993 (1st Extra. Sess.) ch. 4, sec. 81, effective September 16, 1993. -- Repealed and <br>reenacted 1990 Ky. Acts ch. 476, Pt. V, sec. 513, effective July 13, 1990. -- <br>Amended 1976 Ky. Acts ch. 351, sec. 12, effective July 1, 1976. -- Amended 1972 <br>Ky. Acts ch. 82, sec. 16. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective <br>October 1, 1942, from Ky. Stat. sec. 4506b-34.
