2020 Kentucky Revised Statutes
Chapter 393A - Revised uniform unclaimed property act

General Provisions

• 393A.010 Definitions for chapter.
• 393A.020 Inapplicability to foreign transaction.
• 393A.030 Administrative regulations.
• 393A.035 Unclaimed property trust fund.

Presumption of Abandonment

• 393A.040 When property presumed abandoned.
• 393A.050 When tax-deferred retirement account presumed abandoned.
• 393A.060 When other tax-deferred account presumed abandoned.
• 393A.070 When custodial account for minor presumed abandoned.
• 393A.080 When contents of safe-deposit box presumed abandoned.
• 393A.090 When stored-value card presumed abandoned.
• 393A.100 When security presumed abandoned.
• 393A.110 When related property presumed abandoned.
• 393A.120 Indication of apparent owner interest in property.
• 393A.130 Knowledge of death of insured or annuitant.
• 393A.140 Deposit account for proceeds of life insurance policy or annuity contract.

Rules for Taking Custody of Property Presumed Abandoned

• 393A.150 Address of apparent owner to establish priority.
• 393A.160 Address of apparent owner in this state.
• 393A.170 If records show multiple addresses of apparent owner.
• 393A.180 Holder domiciled in this state.
• 393A.190 Custody if transaction took place in this state.
• 393A.200 Traveler's check, money order, or similar instrument.
• 393A.210 Burden of proof to establish administrator's right to custody.

Report by Holder

• 393A.220 Report required by holder.
• 393A.230 Content of report.
• 393A.240 When report to be filed.
• 393A.250 Retention of records by holder.
• 393A.260 Property reportable and payable or deliverable absent owner demand.

Notice to Apparent Owner of Property Presumed Abandoned

• 393A.270 Notice to apparent owner by holder.
• 393A.280 Contents of notice by holder.
• 393A.290 Notice by administrator.
• 393A.300 Cooperation among state officers and agencies to locate apparent owner.

Taking Custody of Property by Administrator

• 393A.310 Definition of good faith.
• 393A.320 Dormancy charge.
• 393A.330 Payment or delivery of property to administrator.
• 393A.340 Effect of payment or delivery of property to administrator.
• 393A.350 Recovery of property by holder from administrator.
• 393A.360 Property removed from safe-deposit box.
• 393A.370 Administrator's options as to custody.
• 393A.380 Disposition of property having no substantial value -- Immunity from liability.
• 393A.390 Periods of limitation and repose.

Sale of Property by Administrator

• 393A.400 Public sale of property.
• 393A.410 Disposal of securities.
• 393A.420 Recovery of securities or value by owner.
• 393A.430 Purchaser owns property after sale.
• 393A.440 Military medal or decoration.

Deposit of Funds by Administrator

• 393A.450 Deposit of funds by administrator.
• 393A.460 Administrator to retain records of property.
• 393A.470 Expenses and service charges of administrator.
• 393A.480 Administrator holds property as custodian for owner.

Claim to Recover Property from Administrator

• 393A.490 Claim of another state to recover property.
• 393A.500 When property subject to recovery by another state.
• 393A.510 Claim for property by person claiming to be owner.
• 393A.520 When administrator must honor claim for property.
• 393A.530 Allowance of claim for property.
• 393A.540 Filing a claim under KRS 393A.510 -- Request for administrative hearing.

Verified Report of Property -- Examination of Records

• 393A.550 Verified report of property.
• 393A.560 Examination of records to determine compliance.
• 393A.570 Administrative regulations for conducting examination.
• 393A.580 Records obtained in examination.
• 393A.590 Evidence of unpaid debt or undischarged obligation.
• 393A.600 Failure of person examined to retain records.
• 393A.610 Report to person whose records were examined.
• 393A.620 Complaint to administrator about conduct of person conducting examination.
• 393A.630 Administrator's contract with another to conduct examination.
• 393A.640 Limit on future employment.
• 393A.650 Determination of liability for unreported reportable property.

Determination of Liability -- Putative Holder Remedies

• 393A.660 Informal conference.
• 393A.670 Review of administrator's determination.
• 393A.680 Administrative review.
• 393A.690 Judicial remedy.

Enforcement by Administrator

• 393A.700 Judicial action to enforce liability.
• 393A.710 Interstate and international agreement -- Cooperation.
• 393A.720 Action involving another state or foreign country.
• 393A.730 Interest and penalty for failure to act in timely manner.
• 393A.740 Other civil penalties.
• 393A.750 Waiver of interest and penalty.

Agreement to Locate Property of Apparent Owner Held by Administrator

• 393A.760 Right of agent of apparent owner to recover property held by administrator.

Confidentiality and Security of Information

• 393A.770 Definitions -- Applicability.
• 393A.780 Confidential information.
• 393A.790 When confidential information may be disclosed.
• 393A.800 Confidentiality agreement.
• 393A.810 No confidential information in notice.
• 393A.820 Security of information.
• 393A.830 Security breach.

Miscellaneous Provisions

• 393A.840 Uniformity of application and construction.
• 393A.850 Relation to Electronic Signatures in Global and National Commerce Act.
• 393A.860 Transitional provision.