2014 Kentucky Revised Statutes
CHAPTER 393 - ESCHEATS
393.040 Procedure if legacy or devise is not claimed.

KY Rev Stat § 393.040 (2014) What's This?

Download as PDF 393.040 Procedure if legacy or devise is not claimed. If any devisee or legatee, or his heir, devisee, or distributee, has failed for seven (7) years to claim his legacy or devise, the personal representative of the testator, or other person possessing it shall, after deducting the legal liabilities thereon, pay and deliver it and the net profits from it to the department. Effective:July 15, 1994 History: Amended 1994 Ky. Acts ch. 58, sec. 5, effective March 10, 1994; and ch. 83, sec. 2, effective July 15, 1994. -- Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 1608. Legislative Research Commission Note (7/15/94). This section was amended by 1994 Ky. Acts chs. 58 and 83 which do not appear to be in conflict and have been codified together.

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