<br><br>40.220 "Veterans' Bonus Fund." <br>(1) The proceeds of all bonds issued and delivered under this chapter shall be deposited <br>from time to time in the State Treasury and shall be segregated in a special fund, <br>hereby created, which shall be designated the "Veterans' Bonus Fund." Moneys in <br>said fund from time to time shall be disbursed solely for payment of approved <br>veterans' bonus claims, and for the expenses incurred in issuing such bonds. <br>Pending disbursement, the same may be invested and reinvested as the State <br>Property and Buildings Commission may from time to time prescribe; and income <br>from the investments shall be credited to such fund. <br>(2) If there shall be an undisbursed balance in said fund after payment of all approved <br>claims received by the administrator within the time limits established in KRS <br>40.070, the same shall be transferred to the general fund of the Commonwealth. <br>History: Created 1960 Ky. Acts ch. 15, sec. 25, effective February 20, 1960. <br><br>