16.510 Retirement system established -- Fund created.

Download pdf

Loading PDF...


16.510 Retirement system established -- Fund created. There is hereby created and established: <br>(1) A retirement system for state police to be known as the &quot;State Police Retirement System&quot; by and in which name it shall, pursuant to the provisions of KRS 16.510 to <br>16.652, transact all of its business, and shall have the powers and privileges of a <br>corporation; and (2) A fund, to be known as the &quot;State Police Retirement Fund,&quot; which shall consist of all the assets of the system as set forth in KRS 16.555. All assets received in the <br>fund shall be deemed trust funds to be held and applied solely as provided in KRS <br>16.505 to KRS 16.652. Effective: July 13, 2004 <br>History: Amended 2004 Ky. Acts ch. 36, sec. 2, effective July 13, 2004. -- Created 1958 Ky. Acts ch. 94, sec. 2, effective July 1, 1958.