# KRS § 292.322: 292.322 Securities fraud prosecution and prevention fund

> Kentucky · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.322

## Section

- **Citation:** KRS § 292.322
- **Heading:** 292.322 Securities fraud prosecution and prevention fund
- **Jurisdiction:** Kentucky
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** KY Code / Title XXV / Chapter 292 / Section 292.322

## Text

292.322 Securities fraud prosecution and prevention fund.

(1) There is hereby created in the State Treasury a trust and revolving fund designated

as the "securities fraud prosecution and prevention fund."

(2) The commissioner may designate that all or a portion of the civil fines imposed for

violations of this chapter or administrative regulations, or orders issued pursuant to

this chapter, be deposited into the fund established in subsection (1) of this section.

(3) The fund established by subsection (1) of this section may also receive additional

state appropriations, gifts, grants, and federal funds.

(4) Expenditures from the fund established by subsection (1) of this section may be

used to assist in criminal prosecution of fraudulent activities under this chapter, for

training and equipment related to prevention, detection, and investigation of

securities fraud, and for investor education.

(5) The money deposited into the fund is hereby appropriated for the uses set forth in

subsection (4) of this section. Notwithstanding KRS 45.229, any money remaining

in the fund at the close of any calendar year shall not lapse but shall be carried

forward to the next calendar year. All interest earned on money in the fund shall be

credited to the fund.

(6) The commissioner is responsible for the distribution of moneys in the fund and

shall, in consultation with the Attorney General and local prosecutors, develop and

promulgate administrative regulations for the use of those moneys.

## Nearby sections

- [KRS § 292.310 292.310 Definitions for chapter](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.310.md)
- [KRS § 292.313 292.313 Applicability of specified provisions to sales transactions](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.313.md)
- [KRS § 292.320 292.320 Fraudulent and other prohibited practices](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.320.md)
- [KRS § 292.322 292.322 Securities fraud prosecution and prevention fund](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.322.md)
- [KRS § 292.325 292.325 Filing of prospectus, pamphlet, or other advertising communication by order of commissioner](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.325.md)
- [KRS § 292.327 292.327 Filing of documents with respect to covered securities -- Fees](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.327.md)
- [KRS § 292.330 292.330 Registration of broker-dealers, agents, investment advisers, and investment adviser representatives](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.330.md)
- [KRS § 292.331 292.331 Application for registration -- Contents -- Conditions -- Requirements](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.331.md)
- [KRS § 292.332 292.332 Notice filing by covered adviser -- Contents -- Exemptions -- Renewal](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.332.md)
- [KRS § 292.333 292.333 Successor broker-dealers and investment advisers -- New application for or amendment to registration or notice filing -- Name change by registrant](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.333.md)
- [KRS § 292.334 292.334 Notice of termination of employment or association -- Termination of registration or application by commissioner -- Temporary registration -- Withdrawal of registration or notice filing](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.334.md)
- [KRS § 292.335 292.335 Fees for initial or renewal registration or notice filing](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.335.md)
- [KRS § 292.336 292.336 Recordkeeping and reporting requirements -- Examination by commissioner -- Administrative regulations -- Central depository system for documents -- Investment advisers -- Required policies and procedures](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.336.md)
- [KRS § 292.337 292.337 Grounds for denial, suspension, limitation, or revocation of registration and for disciplinary action -- Summary order -- Emergency hearing -- Order in accordance with KRS Chapter 13B](https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.337.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_KY_TXXV_C292_S292.322. Check the current official text before relying on it. Not legal advice.