There is a newer version of this Section
2022
2021
2020 (you are here)
2019
2018
Other previous versions
View our newest version here

2020 Kentucky Revised Statutes
Chapter 393A - Revised uniform unclaimed property act
393A.470 Expenses and service charges of administrator.

Universal Citation: KY Rev Stat § 393A.470 (2020)
Previous Next

Download as PDF
393A.470 Expenses and service charges of administrator. (1) (2) In addition to the expenses permitted under KRS 393.250, the administrator may deduct: (a) Expenses of disposition of property delivered to the administrator under this chapter; (b) Costs of mailing and publication in connection with property delivered to the administrator under this chapter; (c) Reasonable service charges; and (d) Expenses incurred in examining records of or collecting property from a putative holder or holder. In addition to any expenses in subsection (1) of this section, the administrator shall deduct the proportionate costs of advertisement and operations from the amount of any claim allowed in an amount greater than ten dollars ($10). The administrator shall deduct at least one dollar ($1). Effective: July 14, 2018 History: Created 2018 Ky. Acts ch. 163, sec. 47, effective July 14, 2018.
Previous Next
Disclaimer: These codes may not be the most recent version. Kentucky may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.