<br><br> <br>Page 1 of 1 <br>41.400 Child victims' trust fund -- Limitation on disbursement. <br>(1) The child victims' trust fund is created as a separate fund in the office of the State <br>Treasurer. The fund shall be expended only as provided in this section. <br>(2) The State Treasurer shall credit to the trust fund all amounts received for this <br>purpose and any amounts received under KRS 141.440. <br>(3) The State Treasurer shall invest trust fund money in the same manner as surplus <br>funds are invested. Earnings shall be credited to the trust fund. <br>(4) Until the total amount of assets in the trust fund exceeds twenty million dollars <br>($20,000,000), not more than one-half of the money contributed to the trust fund <br>each year, plus the earnings credited to the trust fund during the previous fiscal year, <br>and the money earned by the sale of child victims' trust fund license plates pursuant <br>to KRS Chapter 186, shall be available for disbursement upon the authorization of <br>the state board as provided in KRS 15.935. After such time that the State Treasurer <br>certifies that the assets in the trust fund exceed twenty million dollars <br>($20,000,000), only the earnings credited to the trust fund shall be available for <br>disbursement upon the authorization of the state board as provided in KRS 15.935. <br>(5) Funds granted or funds received as gifts or donations to the child victims' trust fund <br>shall be available for disbursement upon appropriation by the General Assembly, <br>and funds authorized for expenditure shall not be considered assets for purposes of <br>subsection (4) of this section. <br>Effective: June 20, 2005 <br>History: Amended 2005 Ky. Acts ch. 133, sec. 9, effective June 20, 2005. -- Amended <br>1996 Ky. Acts ch. 366, sec. 9, effective July 15, 1996. -- Created 1984 Ky. Acts <br>ch. 382, sec. 13, effective July 13, 1984. <br><br>