2015 Kentucky Revised Statutes CHAPTER 205 - PUBLIC ASSISTANCE AND MEDICAL ASSISTANCE 205.778 Lien against account of parent owing child support -- Notice -- Account activity fees -- Priority of lien.
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205.778 Lien against account of parent owing child support -- Notice -- Account
activity fees -- Priority of lien.
(1)
(2)
(3)
(4)
When the cabinet determines that the name, record address, and either Social
Security number or taxpayer identification number of an account with a financial
institution matches the name, record address, and either the Social Security number
or taxpayer identification number of a parent who owes past-due support in an
amount equal to or greater than one (1) month's obligation, a lien or levy shall,
subject to the provision of subsection (3) of this section, arise against the assets in
the account at the time of receipt of the notice by the financial institution at which
the account is maintained. The cabinet shall provide a notice of the match, the lien
or levy arising therefrom, and the action to be taken to surrender or encumber the
account with the lien or levy for child support payment to the individual identified
and the financial institution holding the account. The financial institution shall have
no obligation to hold, encumber, or surrender assets in any account based on a
match until receipt of the notice from the cabinet.
The cabinet shall provide notice to the individual subject to a child support lien or
levy on assets in an account held by a financial institution within two (2) business
days of the date that notice is sent to the financial institution.
A financial institution ordered to surrender or encumber an account shall be entitled
to collect its normally scheduled account activity fees to maintain the account
during the period of time the account is seized or encumbered.
Any levy issued on an identified account by the Cabinet for Health and Family
Services for past-due child support shall have first priority over any other lien or
levy issued by the Department of Revenue or any other agency, corporation, or
association.
Effective: July 12, 2012
History: Amended 2012 Ky. Acts ch. 158, sec. 31, effective July 12, 2012. -- Amended
2005 Ky. Acts ch. 85, sec. 623, effective June 20, 2005; and ch. 99, sec. 271,
effective June 20, 2005. -- Created 1998 Ky. Acts ch. 255, sec. 48, effective July 15,
1998.
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