Ky. Rev. Stat. § 247.580

Current through 2024 Ky. Acts ch.225
Section 247.580 - Use and disbursement of funds

The funds, including donations from individuals, concerns, corporations, and grants from the state or governmental agencies, shall be used by the promotion board for the purpose of promoting and stimulating, by research, market development, and education, the increased use and sale, domestic and foreign, of soybeans and soybean products. These funds shall not be used to lobby as defined in KRS 6.611. The promotion board may spend or disburse the necessary funds therefrom for administrative costs and expenses, but no more than fifteen percent (15%) of the funds collected in any marketing year shall be so utilized.

KRS 247.580

Effective:9/16/1993
Amended 1993 (1st Extra. Sess.) Ky. Acts ch. 4, sec. 67, effective9/16/1993. -- Amended 1992 Ky. Acts ch. 45, sec. 7, effective 7/14/1992. --Created 1974 Ky. Acts ch. 83, sec. 15.