2006 Kentucky Revised Statutes - .140   Procedure for payment of compensation.

39A.140 Procedure for payment of compensation. (1) If the owner of property seized, taken, or condemned accepts as adequate the compensation fixed by the Governor, the owner shall file a statement of the amount of compensation from the Governor with the Finance and Administration Cabinet, which shall draw a warrant on the State Treasurer for the amount of the compensation in favor of the person entitled to payment. (2) If the compensation is determined by award of the Board of Claims or judgment of a court, as provided in KRS 39A.110, 39A.120, and 39A.130, a certified copy of the award or judgment shall be filed with the Finance and Administration Cabinet which shall draw a warrant on the State Treasurer for the amount of the award or judgment. (3) The State Treasurer shall pay the warrants out of any money in the Treasury not otherwise appropriated. Effective: July 15, 1998 History: Created 1998 Ky. Acts ch. 226, sec. 13, effective July 15, 1998. Page 1 of 1