Ky. Rev. Stat. § 304.20-200
Current through 2024 Ky. Acts ch. 225
The interest of each person in the proceeds of any policy, except those on single-family dwellings, issued by an insurer, as defined in KRS 304.1-040, providing fire insurance coverage for loss or damages caused by fire on an item of real estate, provided the amount of the proceeds for the loss payable under such policy is ten thousand dollars ($10,000) or more, shall be subject to any tax lien on such item of real estate continued in force pursuant to KRS 131.515 and 134.420, and any such lien shall continue in force and apply equally to any fire insurance proceeds arising from a fire loss on such real estate. Any such lien may be discharged in the same manner as a lien filed pursuant to KRS 131.515 and 134.420.
KRS 304.20-200
Amended 2009, Ky. Acts ch. 10, sec. 67, effective1/1/2010. -- Created 1980 Ky. Acts ch. 278, sec. 1, effective 7/15/1980.